Oct 20, 2009 -
Driving Force?
AR Index 613.08 +1.46 (+0.24%)
Stocks of individual interest
Toyota 80.31 +1.38
GM 0.65 -0.05
Ford 7.57 -0.05
Dow 10092.19 +206.39 (+2.09%)
According to freep.com, Ford might show a 3rd quarter profit, if analysts at JP Morgan are correct. They say Ford is benefitting from an increase in Ford F-150 pickup sales, reduced incentive spending and a surge in sales sparked by the federal government's cash-for-clunkers program.
So while this seems to be good news, I think we have to wait for the Cash For Clunkers effect to wear off before we'll get a truer picture of how things are
