Despite lagging sales, Lodi auto dealers optimistic about future
Dennis Calton, of Sanborn Chevrolet, spoke about the downturn in car sales, Monday at the sales lot in Lodi. The government will review plans that the Big Three auto makers are submitting to determine whether or not it will provide government issued loans to them during the slowed economy. (Brian Feulner/News-Sentinel)
Posted: Monday, December 1, 2008 10:00 pm
As the nation's economic gage teeters precariously close to
"empty," no industry is immune, especially that of auto sales. New
car dealers in Lodi have seen sales sputter in the last year.
The Detroit Three, otherwise known as Chrysler LLC, Ford Motor
Co. and General Motors Corp. are expected to turn in plans to
Congress today that would allow them to seek $25 billion in aid
from the Federal Government. The blueprints will be reviewed
Wednesday and Friday in Senate hearings.
Monday, December 1, 2008 10:00 pm.