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Newspaper
Aiken Standard
Location
Aiken, South Carolina, United States of America
Date
Nov 23, 2008
Page
10
At the Los Angeles Auto Show crowds show caution over the economy and the Detroit Three, with buyers delaying purchases for at least six months. Many seek better gas mileage or downsized options as U.S. auto sales slump, with October posting a 32 percent drop.
As U S automakers seek 25 billion in federal loans Detroit residents like Richard Thomas face personal bailouts from weeks without income. The downturn threatens GM Ford and Chrysler workers suppliers and thousands of Detroit families amid a city already hit by job losses budget gaps and fiscal strain.
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