Monday, October 03, 2005

Plunged, Fell And Dropped

Another law firm? No!! Sales of GM and Ford vehicles for the month of September. Bloomberg (10.03.05):
"General Motors Corp. and Ford Motor Co., the two biggest U.S. automakers, said U.S. sales of cars and trucks plunged in September, while the biggest Asian automakers reported gains of at least 10 percent." GM, Ford Auto Sales Fall; Toyota, Nissan, Honda Gain
Nissan +16%; Honda +12%; Toyota +10%; DaimlerChrysler +3.7%; Ford -19%; GM -24%. On the other hand, they did sell a lot of vehicles this Summer. AP (10.03.05):
"GM said it knew September would be a challenge after a summer of heavily promoted discounting. GM began letting consumers pay the employee price in June and ended the promotion Friday." GM, Ford Sales Tumble in September

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