GM Posts Surprise Sales Increase but the Better Auto Investment is in the Far East

Tags: Honda, DAI, F, General Motors, Acura, Ford, Lexus, Ford Mustang, GM, HMC, Toyota, TM, Chrysler, Nissan, NSANY
4 Sep 8:42am
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Worries over consumer spending due to the shake up in the credit markets spilled over into the automotive segment as analyst estimated called for lower sales virtually across the board. The big US Automakers: Ford (F), DiamlerChrysler (DAI) and General Motors (GM) have been pressured by International producers Toyota (TM) and Honda (HMC) among others. August numbers proved to be lower for most

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ChrisKrasowski

WC Power Tech Fund founder. Chris sets out to prove that the new generation of investor can emerge from nontraditional circumstances. An engineering graduate from a Canadian University, Chris developed his passion for investing and the markets at an early age and personally owned his first stock at the age of 16. Now 24, with work experiences in the banking and investment banking industries in front of him and behind him, Chris built a personal trading account into the unofficial WC Power Tech Fund. The fund's official blog gives Chris the opportunity to write about investment topics of all shapes and sizes giving insights, opinions and market commentary to seasoned and new investors alike. Visit: http://wcpowertechfund.blogspot.com