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US Automakers Fear Sales Gains May be Hurt By Drop in Global Demand
US Automakers Fear Sales Gains May be Hurt By Drop in Global Demand
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US Automakers Fear Sales Gains May be Hurt By Drop in Global Demand
Earnings reports from the big three U.S. automakers show 2011 is off to a good start. Domestic sales were up 18 percent in January, signaling improved consumer demand in the U.S. But with automakers becoming increasingly dependent on foreign sales to boost profits, there is growing concern that demand may be cooling off in rapidly growing economies such as China. Mil Arcega reports.
Channel: voa
Category: News
Video Length: 0
Date Found: February 03, 2011
Date Produced: February 03, 2011
View Count: 0
 
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