European Auto Industry Also Suffering from Dramatic Sales Decline

WCF arent all auto industries in finanical stuggles at the moment?

Still there is a difference between the American carmakers and most of the other carmakers (European, Japanese): the Americans (GM, Ford) had financial problems even before the crisis.

soon VW will buy out all other manufacturer in germany....(you heard it here first)

i dont mind if all of the car makers mentioned in the article exept mercedes benz

Ammm..... Didn't porsche buy VW??

so thats not true they can't buy anyone

porsche could possibly get a better deal now seeing that vw is one of the brands struggling - maybe something like more shares for the price ratio-they will wait and go for the kill

MB sales have dropped 80% within the past year where I live. Mazda sales however have increased 15% So this news isn't that surprising.

This is a global thing, of course it will affect everyone and every business, not just the auto. House prices should come down drastically, so sell now or lose more value. Do not buy a car now. The problem is that so many things depend on America at the moment financially, so if they go down, all go down with them. It is a lesson that the world is learning and in future, America will lose its dominance as people do not trust their regulations are sufficient enough, unless they change it of course with Obama as new president. That Bush was one of the reasons of this crisis - started with oil and attack of middle east - that Bush is really evil with war intentions all the time, causing unrest everywhere in the world, how many american soldiers died for his evil intentions? Well back to financial, oil price up - which was his intention as he's from an oil state himself, inflation goes up, hike interest rates, more people become in debt, start of financial crisis as people default, coouple with ever increasing house prices that suddenly fall. Bush and his team has successfully brought a world financial crisis. Hope new president can save this mess.

It is visible from here, far away from US and Middle-East that you Freudel is preserving the right for the violence against 1 human beeing with some excuses for any collective (global) idioticy if it appears as a systemized order. Thank God when may be not all will be so tolerant when it will be you - a next victim of someones great plans beyond the any human basic "egoistic" right for their own life. I'll tell you what a free world is: It is an anyone's right to live like they like to, not to be forced by something or someone. ..it is global, and rest is not that important at all Better keep on car issues in this site if you can.

Well Audi is doing great. They are the only European brand that increased sales over the past two months... Funny the article doesn't mention that. Also they're stock is through the roof with pricing several times that of Mercedes or BMW...