Fitch Ratings: US automakers well positioned for weak demand in 2012; estimates break-even for Detroit 3 at 10.5M units
Green Car Congress
JANUARY 4, 2012
did in 2009, resulting in a significant decline in vehicle production, Fitch could switch the rating to Negative. million light vehicles, corresponding to 2009 recessionary sales volumes. million units, will remain well below the industry annual sales level of approximately 17 million units seen from 1999 through 2006.
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