From The Stock Masters
Is there hope America? Today Ford said its U.S. auto sales fell 13.5% in February and DaimlerChrysler posted a 7.7% decline. Meanwhile, Honda said its U.S. sales rose 3.2% on stronger sales of its trucks. Trucks for crying out loud, that’s Ford’s bread and butter. Wall Street expects Toyota Motor Corp. to take Ford’s No. 2 spot in U.S. sales this year, after its sales surpassed Ford’s in two months in 2006. The Masters turn to the BBC for an outside perspective of our American Auto Industry. Before you think these stocks are selling at bargain prices, do all the homework. Maybe Ford could spice up its Ad campaign and get Lita Ford to help out. Same last name? Bad joke we know, but it’s still funny. Article continued at the BBC…
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