Tajuk : Automakers are getting slammed after reporting weak sales
link : Automakers are getting slammed after reporting weak sales
Automakers are getting slammed after reporting weak sales
Scott Olson / Getty Images
Shares of the Big Three automakers fell in early trading on Tuesday as their sales in April missed analysts’ expectations.
A drop in auto sales this year would mark the first annual decrease since 2009. The results for April back up some analysts’ calls that the market has peaked, even as dealers offer aggressive discounts and incentives to prospective buyers.
At 9:44 a.m. ET, Ford is down 3.6% to $11.01 a share, GM is off 2.5% to $35, and Fiat Chrysler is down 3.5% to $11.01.
Ford reported a 7.1% decline in sales, GM reported a 5.8% drop, while Fiat Chrysler said sales fell 7%, all worse than forecast.
Analysts estimate that auto sales fell year-on-year for a fourth straight month in April. They estimate a seasonally adjusted annual rate of 17.10 million, which would be improved from the 16.53 million pace seen in March.
Get the latest Ford stock price here.
Read more stories on Business Insider, Malaysian edition of the world’s fastest-growing business and technology news website.
✍ Sumber Pautan : ☕ Business InsiderBusiness Insider
Kredit kepada pemilik laman asal dan untuk meneruskan bacaan di laman asal sila klik link atau copy paste ke web server : http://ift.tt/2p1ADOY
(✿◠‿◠)✌ Mukah Pages : Pautan Viral Media Sensasi Tanpa Henti. Memuat-naik beraneka jenis artikel menarik setiap detik tanpa henti dari pelbagai sumber. Selamat membaca dan jangan lupa untuk 👍 Like & 💕 Share di media sosial anda!
Scott Olson / Getty Images
Shares of the Big Three automakers fell in early trading on Tuesday as their sales in April missed analysts’ expectations.
A drop in auto sales this year would mark the first annual decrease since 2009. The results for April back up some analysts’ calls that the market has peaked, even as dealers offer aggressive discounts and incentives to prospective buyers.
At 9:44 a.m. ET, Ford is down 3.6% to $11.01 a share, GM is off 2.5% to $35, and Fiat Chrysler is down 3.5% to $11.01.
Ford reported a 7.1% decline in sales, GM reported a 5.8% drop, while Fiat Chrysler said sales fell 7%, all worse than forecast.
Analysts estimate that auto sales fell year-on-year for a fourth straight month in April. They estimate a seasonally adjusted annual rate of 17.10 million, which would be improved from the 16.53 million pace seen in March.
Get the latest Ford stock price here.
Read more stories on Business Insider, Malaysian edition of the world’s fastest-growing business and technology news website.
✍ Sumber Pautan : ☕ Business InsiderBusiness Insider
Kredit kepada pemilik laman asal dan untuk meneruskan bacaan di laman asal sila klik link atau copy paste ke web server : http://ift.tt/2p1ADOY
(✿◠‿◠)✌ Mukah Pages : Pautan Viral Media Sensasi Tanpa Henti. Memuat-naik beraneka jenis artikel menarik setiap detik tanpa henti dari pelbagai sumber. Selamat membaca dan jangan lupa untuk 👍 Like & 💕 Share di media sosial anda!
dengan itu Perkara Automakers are getting slammed after reporting weak sales
Kini anda membaca artikel Automakers are getting slammed after reporting weak sales dengan alamat pautan https://timesnewmalaysia.blogspot.com/2017/05/automakers-are-getting-slammed-after.html
0 Response to "Automakers are getting slammed after reporting weak sales"
Catat Ulasan