Steve
08-29-2007, 10:07 AM
Has a credit crunch hit you or someone you know?
Credit crunch cools demand for automobiles (http://www.msnbc.msn.com/id/20393888/) - Just when the U.S. automotive sector looked to be getting its legs underneath it after a years-long slump, another stumbling block has come along to knock it off kilter — the credit crunch.
The ongoing pain in the housing sector — including higher monthly payments for some owners and declining home values for others — is persuading many Americans that buying a car is not a good idea right now, according to market research company CNW Marketing Research.
Credit crunch cools demand for automobiles (http://www.msnbc.msn.com/id/20393888/) - Just when the U.S. automotive sector looked to be getting its legs underneath it after a years-long slump, another stumbling block has come along to knock it off kilter — the credit crunch.
The ongoing pain in the housing sector — including higher monthly payments for some owners and declining home values for others — is persuading many Americans that buying a car is not a good idea right now, according to market research company CNW Marketing Research.