Slow Aug. sales seen for U.S. automakers
Aug. 29, 2006

Just a few miles from General Motors Corp.'s world headquarters in Detroit, Laurie Shedron gave up her 2002 Pontiac Grand Am GT for a brand-new silver Honda Civic. She didn''t even look at another Pontiac, instead going for a Honda because of its reputation for fuel economy and reliability. Unfortunately for the domestic Big Three, more people are making the same decision as Shedron. Some analysts say foreign automakers have more to offer in the current market, and they expect that trend to continue when August sales figures come out on Friday. The biggest beneficiaries of the shift, those analysts say, will continue to be Honda Motor Co. and Toyota Motor Corp., both of which are expected to have good months. At Suburban Honda in the Detroit suburb of Farmington Hills, the prediction played itself out on Monday as Shedron picked up her new car. "I wanted to try this," said the 50-year-old resident of nearby Plymouth. "I hear they last a long time. This way you can hold off on it longer and put on more miles."

Website: http://news.yahoo.com/s/ap/20060829/ap_on_bi_ge/auto_sales_outlook

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