Big Three auto sales…美worst 16-year fight for survival concentrated [continue]

Big Three auto sales…usa worst 16-year fight for survival concentrated [continue]

U.S. auto sales and high oil prices affect the economy worsened in July, the lowest level in 16 years away from the automobile industry's management more difficult.

Specifically, General Motors (GM) and Ford, Chrysler, including the so-called 'Big Three' U.S. car makers are dubbed as a growing loss of sales due to poor survival and raise questions about even.

The 2nd New York Times (NYT) U.S. auto sales in July, according to 1136176 dongwol as compared to 13.2 percent last year. Annual sales are based on hwansanhan 12550000 as the lowest points since March 1992.

Sales of passenger cars increased 0.3 percent as 620,213 pickups and SUV, including gyeongteureok the other hand, sales of 515,963 or 25.2 percent, as high oil prices decreased in the era of expensive fuel vehicles to avoid the symptoms that are being showed deepening .

GM's sales topped the company's 233,340 or 26.1 percent, as 14.7 percent decline and Ford, Chrysler, Toyota has decreased 28.8 percent annually (-11.9%), Honda (-1.6%), Nissan (8.5 percent), Hyundai ( -6.5%) Compared to other companies, including America's Big Three this year slump.

U.S. Big Three have been dependent on large vehicle sales grew by more than 15 years ago mandaena 1 decrease in oil prices, their market share fall to 42.7 percent.

Such a large loss of sales due to deteriorating performance, including the Big Three lead the fight for survival molahneotgo.

GM 155 dollars in the 1st quarter of the 2.4 sunsonsileul announced record, consecutive fourth-quarter deficit to march on Friday. GM's third in the history of 100 years of bad performance. In the second quarter, Ford also recently announced a record loss of 8.7 billion U.S. dollars.

The company's capital deficit as they are fast being exhausted, it is problematic.

U.S. automotive companies are now molrakhal NYT is at risk, but experts do not see the Big Three are now fighting for survival this time it took into reports said.

GM's cash reserves amounted to perform 210 billion, 2 bungimal normal times, but a healthy level of cash spent one billion U.S. dollars every month that GM is bankrupt hyeonsanghwang some of the concerns it could cause even call.

Ann Arbor, Michigan, David Cole, chairman of the Automotive Research Center "Things are getting pretty bad, they are deepening across the frozen rivers have wide, wider and faster and faster," "The problem is that these funds are depleted before they reach the business side of the river crossing Whether or not you can, "he added concern.
NEW YORK (AP)