Jul 3, 2009 -
Light At The End
As Winston Churchill said after the battle of El Alamein, "Now this is not the end. It is not even the beginning of the end. but it is, perhaps, the end of the beginning."
There's still a long way to go in the recovery of the North American auto market, but there are honest-to-goodness bright spots now.
Overall auto sales in Canada fell by 13.2 percent in June. It was the eighth month in a row of year-over-year sales declines.
But in the midst of that, Ford sales in Canada increased by 25% over a year earlier, making Ford the number one selling automaker in Canada for the first time in 50 years.
Read the entire article at Reuters.com
