Playboy's Automotive Report

Playboy's Automotive ReportFor Domestic and European auto makers, this past summer was a wild ride. Declining new-car sales, production cutbacks and factory shutdowns led to a combined record first-quarter loss of more than two and one half billion dollars for General Motors, Ford and Chrysler. At presstime, total U.S. sales had fallen to their lowest level in eight years. European car sales were also off by double-digit figures, rocked by luxury taxes and stiff competition from the Japanese. Pe...