The future for US Auto Stocks
By Dividend Growth... on Tue, 2008-11-11 10:06
(via www.dividendgrowthinvestor.com)
There have been some pretty negative news surrounding the big three US auto manufacturers this year. Recently GM and Ford reported continuing large losses, triggered by a decrease in the demand for cars nationwide. The demand for cars, which typically is highly cyclical in nature, is lower because of the low consumer confidence in the economy as well as the difficulty that car buyers have in obtaining credit financing to purchase new vehicles.
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