It is projected that September 2009 automotive sales volume will dip to 8.8 million units, the lowest rate in nearly 28 years, tying the worst demand on record. With Cash for Clunkers over automotive purchasers sim[ply are not running to auto showrooms. Average dealer profit per vehicle has slipped to $1,033.00/unit. Looks like it is going to be a long, long, winter for the automotive industry.
[Source: Automotive News]
