The US auto market encountered its worst single-month sale in August since 1983. Automakers, such as General Motors, Toyota, Honda and Ford all reported declines and some have cut production plans. The disappointing results are a reminder that this market remains fragile.
Experts say putting incentives in the marketplace hasn't been as effective as hoped, and customers are still hesitant. They say automakers should look to other markets for profits, such as China.