Automaker stocks underperform

By Reuters Staff
September 19, 2008


Share prices for GM and Ford – the only components in the S&P 500 Auto index – have been underperforming the broad market for the past four years as sales began to slump and both automakers started to slash costs and cut costs — Source: S&P, Thomson Reuters Proprietary Research


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the bailout might provide some hope to investors but does it make any sense to give money to companies that will destroy this money??

Posted by farouk | Report as abusive