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Auto sales fall 32% in October (Los Angeles Times) Ford reports a 29% drop for the month compared with last year; General Motors is down 45%. Among imports, Toyota falls 21% and Honda, 26%. The last time auto sales were this bad, the U.S. had just gone to war in Iraq -- for the first time.
Target enlists in price war (Pioneer Press) Target Corp.'s problem: Its customers are buying less, can't pay off their credit cards and are switching to Wal-Mart, which trumpets low prices and cheap groceries. The Minneapolis-based retailer's solution: Go to war.
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