Car Dealerships need help

 

DETROIT (Reuters) - As many as 3,800 U.S. car dealerships could fail this fall and into 2009 -- nearly one in five -- because of weak sales, increased operational costs and the credit crunch, according to a forecast released on Wednesday.

Nearly 1 in 5 car dealerships could fail: study - Yahoo! News

 
godoftrading:
DETROIT (Reuters) - As many as 3,800 U.S. car dealerships could fail this fall and into 2009 -- nearly one in five -- because of weak sales, increased operational costs and the credit crunch, according to a forecast released on Wednesday. Nearly 1 in 5 car dealerships could fail: study - Yahoo! News

Do you think this forecast would affect the economy, inturn affect the currency movement? For me i feel this could have a great impact on the market, knowing fully well that price could fall.

Reason: