Posts Tagged ‘declining’

Being Careful With Your Car Insurance

Monday, January 5th, 2009

The automobile industry, like any other aspect of the economy, is being battered by declining sales as a result of the ongoing worldwide recession. With the big three American automakers on the brink of total collapse if no bailout is provided by the government and the biggest Japanese car maker declaring losses for the first time in so many decades, cars are being offered like department stores’ red flag items. But still there are no takers as consumers who are threatened by job lay-offs are reluctant to spend the little savings they have as car down payments or be tied up with a five-year loan when everything is so shaky.
(more…)