Consumer Reports 2008 Bottom Line of Auto Companies (Part 1)
Description
This video was put together for a friend with whom I agreed to give an annual report from Consumer Reports every December on Auto Companies. CR isn't 100% accurate, but they give you the general idea. Like the Chevy truck in the background. That truck has been MUCH MORE RELIABLE than CR said it would. Based on the December 2008 Consumer Reports magazine, here are the results for 2008. Also, here is the status of the big 3 domestic auto companies: GM sales: -41% GM trucks: -39% GM cars: -44% Request from the $700 billion bailout: $18 billion Chrysler sales: -47% Request from the $700 billion bailout: $11 billion Ford sales: -30% Request from the $700 billion bailout: $9 billion However, Ford's sales have increased over the past two months, mainly because of increasing sales of the F series trucks.
