2009 U.S. PWC Sales Continue Decline Thru May
Submitted by Matthew Camp on July 29, 2009 - 12:38pm.
The financial meltdown in the final week of September 2008 effectively brought the U.S. PWC market to a halt for the 2008 season, and it appears that the 2009 season has continued the downward trend, with sales estimated to be down 30% through May. The outlook for the PWC market looks decidedly bleak in the near term- unless the decline in consumer confidence and the mortgage and foreclosure crises are resolved quickly. In fact, it’s possible that Honda could drop out of the market this year |