- Automotive industry crisis of 2008–10 - Wikipedia
The automotive industry crisis of 2008–2010 was a part of a global financial downturn The crisis affected European and Asian automobile manufacturers, but it was primarily felt in the American automobile manufacturing industry The downturn also affected Canada by virtue of the Automotive Products Trade Agreement The automotive industry was weakened by a substantial increase in the prices
- Effects of the 2008–10 automotive industry crisis on the . . .
Beginning in the later half of 2008, a global-scale recession adversely affected the economy of the United States A combination of several years of declining automobile sales and scarce availability of credit led to a more widespread crisis in the United States auto industry in the years of 2008 and 2009 Following dramatic drops in automobile sales throughout 2008, two of the "Big Three" U S