Volvo, Porsche Sales Crash
Volvo today reported crashing November sales - down 46% from November 2007. The venerable Swedish automaker moved 4,404 units for the month. Identically dismal results from Porsche show that both ends of the mild-to-wild automotive spectrum are equally affected by the recession. One local auto dealer predicts 25% of dealers will shut their doors in 2009. Hold on to your hats, folks. Looks like one hell of a storm on the doorstep.
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