Bad September for GM & Chrysler
With the artificial loading of the “Cash For Clunkers” program in August, sales of Chrysler, Ford, and GM shot up dramatically, considering the state of the economy. Alas, the chickens have come home to roost. Overall, U.S. auto sales dropped by 23 percent in September compared to the previous year. GM dropped by 43... »
Ford Lookin’ Good
Alan Mullaly, CEO of Ford Motor Co said on Wednesday the U.S. market was looking good and vehicle sales were expected to increase. ”In the long term it’s going to grow with the economy,” he said. Reuters covered Mullay’s comments to reporters in New Delhi during the unveiling of the Figo, a small car... »
