U.S. automakers hit hard... Japan not so bad...

do ya suppose auto electronics manufacturer delphi was an omen of things to come...? kirk kerkorian has been signaling a bid for gm in much the same way he did with chrysler some years back... certainly, these numbers are dramatic... gm can't hold on too long with sales drops of over 50%...

Retail new-vehicle sales were down 33 percent across the industry in the first nine days of October compared with the same period a year ago, the Power Information Network said.

It said results were down at nine major automakers, but GM led the pack with a 57 percent decline followed by Ford, which saw its retail sales drop 45 percent over the first nine days of the month.

The Chrysler arm of Germany's DaimlerChrysler posted a 32 percent drop over the same nine-day period compared with year-ago results.

The U.S. arm of Honda Motor Co. Ltd. posted the smallest drop, with retail sales down just 8 percent, followed by Toyota Motor Corp., with sales down 14 percent.

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