Auto Sector Slowdown Affecting Commodities

The Automobile sector is hurting badly, even as some of the best lineups of cars are becoming available.  The Auto companies' woes are passing all the way down the supply chain to the commodities folks too, something that was only a matter of time.

Aluminium producer Alcoa is cutting down drastically on people and costs (my detailed coverage is on my Business blog).  Of course, this isn't purely because of the automotive sector.  But given that 2008 was a record bad year, and 2009 is shaping up to be a bruiser, the sector's effects are pretty clear.