The Earth times reports

Porsche Cars North America, Inc. (PCNA), importer and distributor of Porsche sports cars and Cayenne SUVs in the United States, today announced February new-car sales of 1,715 in the United States, representing a 13% decrease from February 2007 sales of 1,967.

This is bad news after the last week’s bleak economic numbers from the US. 2008 is a great year for sports cars with a slew of new launches, but sales will be bad, as this report shows, and many other reports..

Not just the cars industry but other auto sector such as motorcycle industry and the components industry including tires manufactures and other industries in the ecosystem will take some time to recover from this recession.