Automotive Update

I remember when Nissan was just a small, small company that only produced small and compact cars.  Nowadays, Nissan has branched out quite a bit and have come out with some beautiful and awesome looking cars – and hybrids.  This includes the brand new 2010 Nissan GT-R.  This particular 2010 car is not only going to be an icon, but it is a hybrid car with a ton of horsepower.

One of the coolest things about the 2010 Nissan GT-R is that not only is the brand Nissan behind it, but I can tell you that this particular car looks high-class and high-end, which is weird for me to see coming out with the Nissan name.

With the price of just about one hundred thousand dollars, the brand new 2010 Nissan GT-R could be yours!

The economic analysis last January 2009 reflected that auto sales in the US dropped to 37.1%. This is the lowest auto sales record in 27 years.

Even the countries biggest car manufacturing tycoons are facing big losses: Ford Motor fell by 41,6%, while General Motors suffered from a 49% drop. Chrysler, for the 2nd month in a row, also has decreased sales by 50%. Even the mass driven Toyota, Honda and Nissan have suffered from a 27% drop out of their usual sales.

If these figures are familiar, it’s because the US suffered from a very similar drop in car sales in August 1982. As in the 1982 fall, only about 9.8 million units were sold this year. At least, it’s still a far cry from December 1981’s 656,881 figure.

The huge decline of car sales, manufacturers say is caused by the huge credit crunch. One of the US’s primary banks, the GMAC, officially stopped consumer lending last autumn. They only approved loans from creditors with spotless credit records.

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