Automakers See May Sales Slump - Black Enterprise
Black Enterprise Magazine January-March 2019 Issue

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The auto industry is experiencing the roughest financial period in its history, with the Big Three reporting less-than-favorable sales for May. As General Motors and Chrysler headed to bankruptcy court earlier this week, and with President Barack Obama’s plan to take a 60% stake in GM, the industry has seen major changes that many hope will revive its future.

In their monthly reports, all the major automakers spoke optimistically about economic conditions, and believed that the latest developments would bring a better future.

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Janell Hazelwood

Janell Hazelwood is associate managing editor at Black Enterprise, managing content across core areas of Money, Career, Small Business and Technology. She is also a featured blogger with My Two Cents, providing insights on branding, millennial career development, employment trends and leadership. She was previously a content producer and copy editor for Black Enterprise magazine, working across several editorial sections. The Hampton University graduate got her start in the newspaper industry, having worked for companies including The New York Times and Scripps Howard News Service. Her works and insights have appeared on The Huffington Post, MadameNoire, E!Online, Brazen Careerist, CBS News, and Arise TV.