NYTimes: Bleak Times for Auto Industry

Things don’t look so rosy for the auto industry as sales continue to plummet and work in the nation’s auto-assembly plants is harder to come by, the New York Times reports.

In April, there were 206,000 workers in those plants, 2 percent since this time last year according to the Bureau of Labor Statistics. Auto sales dropped in June for the sixth consecutive month and have plunged 3 percent from a year ago.

“There’s been a consistent reduction in plant output in the last six months, and what is ahead in the next six months could be pretty startling,” said Ron Harbour, a noted manufacturing analyst and a partner at international consulting firm Oliver Wyman.

Automakers are looking to build cars and plants outside of the U.S. to lower costs, including Ford, which announced in mid-June it would import the Focus from China instead of Mexico to save the company



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