Friday, June 10, 2011

2011 World Economy News: Unsold Cars Due To Global Recession (www.drmobiles.co.nz)

Nissan Cars
Automakers are facing trouble across the world due to global recession. Thousands of unsold cars are parked in factories and wharehouses waiting for delivery to customers and dealers.

Jaguar Cars Sales of new cars in the UK have slumped to a 12-year-low and production of cars at Honda in Swindon has been halted for a unprecedented four-month period because of the collapse in global sales and represents the longest continuous halt in production at any UK car plant. The announcement comes on a day when the EU’s Industry Commissioner Guenter Verheugen warned the outlook for the European car industry was ‘brutal’ and predicted not all European manufacturers would survive the crisis.
sheerness open storage area 


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