Car sales: From bad to worse

http://money.cnn.com/2009/02/02/news/companies/auto_sales_outlook/index.htm?postversion=2009020211

This article brings up an interesting perspective about car sales, We talk about the consumer and how they are not buying cars and how this is hurting the big three car companies. But we never think about the rental car companies and their impact on car sales in our country. I for one did not realize car rental agencies buy almost 3 million cars a year. With rental car rentals down so much this year the companies will be purchasing double digit amounts less than normal of cars. These cars usually American made will not be purchased this year. Without these purchases we will be looking at even larger losses than expected which will further hurt our nations already rattled for cash auto industry.