Detroit's automakers went out with a whimper in 2007, as a lackluster December failed to pull the industry out of the lowest U.S. auto sales slump in nearly a decade.Ford Motor Co. was knocked from its perch as the No. 2 U.S. auto seller, a position it held since 1931, while General Motors appeared likely to lose its title of the largest automaker in the world.
January 07, 2008 at 12:00 AM
1 minute read
Detroit’s automakers went out with a whimper in 2007, as a lackluster December failed to pull the industry out of the lowest U.S. auto sales slump in nearly a decade.
Ford Motor Co. was knocked from its perch as the No. 2 U.S. auto seller, a position it held since 1931, while General Motors appeared likely to lose its title of the largest automaker in the world. Both were dethroned by the juggernaut that is Toyota.
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