GM And Chrysler Face Longer Odds
By Paul Ausick of 24/7 Wall St. Auto companies have recently reported sales figures for the month of December and full-year 2009. For nearly all, the numbers are better. The numbers are also not particularly good. Ford Motor Co. (NYSE:F)…
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Auto companies have recently reported sales figures for the month of December and full-year 2009. For nearly all, the numbers are better. The numbers are also not particularly good.
Ford Motor Co. (NYSE:F) posted a nice 33.5% increase for the month compared with December 2008. Toyota (NYSE:TM) and Honda (NYSE:HMC) also posted monthly gains of 32.3% and 24.5% respectively. General Motors and Chrysler posted monthly declines of 5.7% and 3.7% respectively.
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