GM, Ford say sales should improve in 2nd half of 2008

Durbin, Dee-Ann
March 2008
South Texas Automotive Report;Mar2008, Vol. 10 Issue 6, p22
Trade Publication
The article reports on the sales forecast of General Motors Corp. (GM) and Ford Motor Co. The entry notes that automobile executives are confident that U.S. sales will become more positive in the last half of 2008 despite analysts' predictions that total sales will be a low 15 million vehicles. Also cited as factors for improved sales are the federal stimulus package and low interest rates. Also discussed is the initiative taken by GM and Ford to cut rental car sales in 2007 to stimulate demand in 2008.


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