<a href="http://www.bloomberg.com/apps/news?pid=20601087&sid=ac5DdrTgNUNk&refer=home">http://www.bloomberg.com/apps/news?pid=20601087&sid=ac5DdrTgNUNk&refer=home</a>
<blockquote>U.S. Auto Sales Rate May Skid to Lowest Since 1983 (Update2)
By Greg Bensinger
Oct. 14 (Bloomberg) -- U.S. auto sales this month may fall to their lowest rate in at least 25 years as showroom traffic slows, particularly for General Motors Corp. after its employee pricing deal ended, a Deutsche Bank AG analyst said.
October's seasonally adjusted annual rate, or SAAR, will probably decline to 11 million vehicles, Rod Lache wrote in a note to clients today. That would be the first time the rate has gone below 12 million since April 1983, he said. The average SAAR in the first nine months of 2008 was 14.1 million, according to Bloomberg data.
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The Volt was considered a halo car - one that broke even or lost a little money. GM may never get a chance to sell one if this keeps up.