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Let's Hear It for Government Motors GM!

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Author Topic: Let's Hear It for Government Motors GM!  (Read 4212 times)
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Howey
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« on: April 19, 2011, 04:37:25 pm »


Their market share, continuing to fall...

You talking about Ford?

http://www.bloomberg.com/news/2011-04-15/ford-missing-market-share-goal-adds-pressure-to-boost-discounts.html

Quote
Ford hasn’t met its retail market-share target in any month since October, when it sold 14.5 percent of the cars and trucks purchased by individual consumers, according to automotive researcher R.L. Polk & Co. of Southfield, Michigan. Ford’s retail share fell to 13.2 percent in February, the most recent month Polk has analyzed.


Oh. What's this???

Quote
In March, Ford raised incentives and surpassed GM in monthly U.S. sales for the second time in the last 13 years, said Michelle Krebs, a West Bloomfield, Michigan-based analyst for Edmunds.

GM’s retail share was higher than Ford’s in March, despite Ford beating GM in total,” Krebs said. “Not good if Ford resorts to incentives as well as high fleet percentages again -- old habits.”



Now that we've cleared up market share....let's talk about stock prices:


Quote
Ford shares, which climbed 68 percent in 2010, fell 10 cents to $14.71 at 4 p.m. in New York Stock Exchange composite trading. The shares have dropped 12 percent this year.
[/b]


So what we've learned is that GM and Ford have lost market share and stock value. Pretty much equally. GM is booming in China, Ford is doing good in Europe, both are selling cars, have new products, and customer interest. Think that's due to the situation in Japan, gas prices, and other factors and not your hatred of the president?

Yet you hate GM and not Ford.
« Last Edit: April 19, 2011, 04:53:51 pm by Howey » Report Spam   Logged


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