Earth Equity News

U.S. Auto Sales Below 1 Million for First Time in 15 Years. By Tom Krisher and Bree Fowler, AP, October 2, 2008. "U.S. auto sales dropped below 1 million last month for the first time in more than 15 years as some consumers struggled to get financing and others were frightened away from showrooms by bank failures and turmoil on Wall Street. Americans bought 964,873 vehicles in September, the lowest sales figure since February 1993... Sales fell 27 percent compared with September 2007, with every major brand but General Motors Corp. reporting drops of at least 24 percent... Even Toyota Motor Corp., whose fuel-efficient offerings led to strong sales earlier this year, saw a decline of 32 percent, with the top Japanese automaker blaming the drop on the overall economic conditions."