Worst Slump In Recent History For Auto Sales
Yahoo has latest story about worst auto sales: August auto sales fall; some say worst may be over Nearly every major automaker saw its U.S. sales drop in August, but many are seeing signs that the worst slump in recent history may have bottomed out. Most upbeat were executives from General Motors Corp., which posted [...]
Interesting Stories That You Missed – 2
Over the past few days i came across some interesting news/facts which deserves some limelight. Fannie & Freddie Help OutGovernment-backed mortgage finance companies Fannie Mae (FNM) and Freddie Mac (FRE) will help out struggling mortgage holders to avoid foreclosures. Fannie Mae has planned to give borrowers the option of refinancing out of adjustable loans especially [...]
Are You in Sync with Ford ?
The entire auto industry year-to-year sales dropped 0.5%. The total market share of the U.S. Top 3 fell to 54% from 56.6%, where as Asian automakers up their share from 37% to 39.4%. Facts: Vehicle Sales Year to YearAsian Top 3 -> Toyota (TM) = +12%, Honda (HMC) = +3.2%, Nissan (NSANY) = +1.2%US Top [...]