August 31st, 2009

Obama Clown

Ford separates itself from Government Motors (GM)

Cash for Clunkers, which drew buyers into showrooms with rebates of up to $4,500 toward a new, more fuel-efficient car, clearly helped some car makers more than others. 

Ford's sales rose 17.2%--the largest boost since July 2005--and its second consecutive monthly increase after 19 months of sales declines. Toyota rose 6.4%, and Honda rose 9.9%. Meanwhile, GM slid 20.1%, compared with a 19.4% drop in July. Chrysler's sales fell 15.4%, worse than July's 9.4% decline.

The disparate results proved yet again the industry adage that the companies with the right products, at the right time, will be the winners.

GM and the ObamaNation continue to FAIL.