Do you wish to puchase a vehicle imported into the United States?

Nov 26, 2004 0 Replies

If you want to by an imported car, you might want to do so soon. The dollar has been dropping like a feather for two years:



formatting link



Sinche projects a dollar drop to $1.35 per euro early next year. A weaker dollar has helped U.S. companies that sell products in Europe such as Gillette Co., which said the U.S. currency's drop boosted sales in the third quarter. The dollar has lost 32 percent against the euro since the start of 2002.



DaimlerChrysler AG, the world's fifth-largest carmaker, said the dollar's decline against the euro will reduce the earnings of the Mercedes-Benz luxury car division. European stocks fell today on concern about a weaker dollar.


Join the Discussion

Have something to add? Share your thoughts — no account required.

Didn't find your answer?

Ask the community — no account required