On Tuesday, both USA Today and the Associated Press highlighted guarded optimism that seemed a bit beyond the justifiable after the release of March’s sales results for the auto industry.
Though there is perhaps some cause for hope, both reports made more out of the industry’s roughly 25% sales pickup from February to March (compared to a typical 20% in previous years) than was justified. More importantly, both reports failed to specifically cite:
Continued market-share losses at bailed-out General Motors and Chrysler.
Ford’s disproportionate share of that decent but not exceptional industrywide February to March pickup).
So, Conservatives, they may have some crazy ownership over there, but....
Have you driven a Ford, Lately?
I own two. Was thinking of going to Government Motors before the nationalization, but am thinking better of it.
Check out the rest of Bizzy's article....great analysis as always.
