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FORD MOTOR CO (F) 8.64 red arrow -$0.09 (-1.03%) 01:28AM (15 mins delay)


Auto Sales Cruise Ahead in October

Nov 04, 2009 - 6:20 AM EST

The Good News Economist submits:

On Tuesday major auto manufacturers indicated that their October sales rebounded significantly following a weak September.

The increase to the US annualized sales rate was nearly 20 percent better than September's measure. Early estimates show the bump adding $5 billion, or roughly 1.5% to October's retail sales numbers versus September's readings.


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Source: Seeking Alpha (Nov 04, 2009 - 6:20 AM EST)



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