InvestorsHub Logo
Followers 3
Posts 794
Boards Moderated 0
Alias Born 10/02/2003

Re: None

Tuesday, 10/02/2007 8:21:13 AM

Tuesday, October 02, 2007 8:21:13 AM

Post# of 108
Ford, Chrysler set to post big sales decline
Honda the only automaker expected to report year-over-year improvement
By Shawn Langlois, MarketWatch
Last Update: 2:01 PM ET Sep 28, 2007

SAN FRANCISCO (MarketWatch) -- Ford Motor Co. and Chrysler are expected to post double-digit declines in September U.S. sales next week,...

But analysts blame lofty gasoline prices and the persistent housing crunch for what's shaping up to be yet another decline....

But not even the Japanese juggernaut is immune to the daunting economic challenges.
Jesse Toprak, an analyst for car-buying research Web site Edmunds.com, said he expects Toyota to hand in a 4.2% drop, its third straight month of year-over-year declines...

Ford's expected 17.7% hit, however, is indicative of more than just broader industry troubles...

Still, GM's spruced-up menu of new cars and trucks won't keep the company from posting a 3.1% dip, said Toprak, who also forecast the now-private Chrysler to hand in a 10.3% slide.....

Honda Motor Co. (HMC) is the only automaker pegged to post gains, up 11.8%.....

http://www.marketwatch.com/news/story/ford-chrysler-seen-posting-double-digit/story.aspx?guid=%7b315...


Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent SUP News