Asian auto stocks decline shares auto news report
With the decline in the US economy, the Asian markets have witnessed a steep decline in their auto share price as well. The sales of automobiles failed to recover, subsequently slowing down the speed of accelerating fiscal growth. The situation has driven analysts to estimate inferior rates for light-vehicle delivery for the current and next financial year. The two companies like General Motors and Chrysler have already warned the federal government and the shareholders that there is a huge chance of bankruptcy. If they are not provided with help now then they will surely die out within a few days. … (more) January 3, 2012
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Asian, Auto, decline, News, report, Shares, Stocks