The Big Three may have huge problems, but the whole auto industry is in trouble right now. Porsche's U.S. sales last month were down 48% from a year ago. Sales of Porsche's Boxster and Cayman models were especially bad. They fell 73%.
Daimler sales dropped 30%, Mazda fell 31% and Hyundai sales in the U.S. fell almost 40% from a year ago.
Boxsters are for the flashy money, Toyotas for average folks, Hyundais are for the economy minded. But the well-to-do really are different. The car of choice for the comfortable set, the BMW, is faring better. Beamer sales only dropped 26.8% in the U.S. last month compared to a year ago.
BMW had other good news–small is definitely in. BMW's Mini (Cooper) sales rose 43% from last year.
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