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US Autos Hitting the Skids?
General Motors is trading at an all-time low, and Ford is at its lowest level in more than a year. Italy Michaeli, Citi auto analyst, and Jeremy Anwyl, Edmunds.com CEO, provide perspective. "We see the economic fundamentals slowing down as the year progresses, and I think the ability for car sales to defy gravity on an ongoing basis are limited," says Anwyl.
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US Autos Hitting the Skids?
General Motors is trading at an all-time low, and Ford is at its lowest level in more than a year. Italy Michaeli, Citi auto analyst, and Jeremy Anwyl, Edmunds.com CEO, provide perspective. "We see the economic fundamentals slowing down as the year progresses, and I think the ability for car sales to defy gravity on an ongoing basis are limited," says Anwyl.
Date: 7/23/12
Views: 418
Video by:  CNBC
 
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