Projo Cars Blog

Auto Sales for March Offer Hope

9:50 AM Thu, Apr 02, 2009 |
Peter C. T. Elsworth    Email

DETROIT -- New-vehicle sales fell in March for a 17th consecutive month, but carmakers said that proposed federal incentives and reports from dealers of increased sales in the last week of the month could mean the market was bottoming out, according to The New York Times.

Sales were generally better than analysts expected, even for General Motors and Chrysler, which are fighting to avoid bankruptcy with the help of billions of dollars in government loans.

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