Jim Cramer Blog

The big three have been hit this past month in car sales as much as 15%. This may force these automakers to cut production once again. Oil prices continue to be a major factor when someone considers buying a vehicle. But, don't discount the entire auto sector. A company like Toyota makes small cars such as the Corolla and the Prius. New car sales will lean towards these type of vehicles to lower the consumer's gas expense. A big chunk of the 15% decline in sales for GM may have gone to Toyota.