Today’s Trade Alerts include: Ford Motor Company (NYSE: F), General Motors Corp. (NYSE: GM), Toyota Motor Corp. (NYSE: TM), Daimler AG (NYSE: DAI), Honda Motor Co. Ltd. (NYSE: HMC), and Tata Motors Limited (NYSE: TTM).
“Ford Motor Company (F) shares fell 2.19% to $4.46 Thursday morning. Ford Motor designs, develops, manufactures and services cars and trucks worldwide...
“The company recently said its sales for August in North America declined 26.6% to 155,690, compared to August 2007 sales of 212,120 units. For the first eight months, Ford sales are also down 15.8% from the same period in 2007, to 1.5 million units…
“August sales of the Ford Explorer declined to 5,502 units from 11,929 units in August 2007, while sales of the Mercury Mountaineer declined to 560 units from 2,112 a year earlier. Sales of the large sport utility vehicles, the Ford Expedition and Lincoln Navigator, also continued to drop in August, while Ford sold 3,867 Expedition units, down from 6,883 in August 2007...”
“General Motors Corp. (GM) shares dropped 5.15% to $10.71 Thursday morning. General Motors and its subsidiaries engage in the development, production and marketing of cars, trucks and related parts worldwide. It offers small, midsize, sports and luxury cars; and pickup, van, utilities and medium duty trucks…
“The company recently said U.S. light vehicle sales fell 20.3% in August to 308,817 units, pressured by the sharp downturn in demand for light trucks. For General Motors, sales of light trucks fell 24.1% in August, while sales of cars fell 13.9%…
“The company also said it would extend its employee-pricing for all promotion through September covering nearly all of its 2008 model year vehicles and expanding the list to cover more of its 2009 model year vehicles…”
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