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A man walks by a used car lot in December 2008 in Detroit, Michigan. US auto sales crashed again in December as the industry posted its worst year since 1992 and the Detroit Three saw their annual share of their home market slip beneath 50 percent for the first time, industry data showed Monday.

Huge rebates and zero-percent loans couldn't overcome economic uncertainty as U.S. auto sales plunged 36 percent in December, capping a dismal year that saw sales free-fall by 2.9 million vehicles from 2007.

US auto sales crashed again in December as the industry posted its worst year since 1992 and the Detroit Three saw their annual share of their home market slip beneath 50 percent for the first time, industry data showed Monday.

Jan. 5 (Bloomberg) -- U.S. auto sales plunged 36 percent in December, dragging the industry’s annual volume to a 16-year low as the recession ravaged demand.

NEW YORK — The good news for the auto industry in December came when General Motors and Chrysler got their federal bailout. The bad news is coming today, when automakers are expected to report another month of staggering sales declines.

Ford Motor Co. posted Monday a 32 percent drop in US auto sales in December, dragging its total sales for the year down 20 percent to just under two million vehicles.

Jan. 5 (Bloomberg) -- Ford Motor Co. said U.S. sales fell 32 percent in December, while Honda Motor Co. posted a 35 percent decline as the recession curbed demand in the world’s biggest auto market.

Huge rebates and zero-percent loans couldn't overcome economic uncertainty as U.S. auto sales plunged 36 percent in December, capping a dismal year that saw sales free-fall by 2.9 million vehicles from 2007. The bleak numbers, according to both industry...

By TOM KRISHER Huge rebates and zero-percent loans couldn't overcome economic uncertainty as U.S. auto sales plunged 36 percent in December, capping a dismal year that saw sales free-fall by 2.9 million vehicles from 2007. The bleak numbers, according to both industry officials and analysts, mean that record high rebates and low-interest financing deals will stick around until at least ...

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