The focus of the blog is on the economic and financial uncertainties that the world economies will face over the next five years along with demonstrating how investors can profit and survive during the upcoming manipulated economic chaos. Please keep-in-mind that I don't provide investment advice. I am simply posting what my investment views of the market happen to be. Your investment decisions are solely your own responsibility.
Wednesday, August 05, 2009
Four of Top ‘Clunkers’ Model Purchases Are Foreign
Bloomberg reports, "Four of the top five models sold so far under the U.S. 'cash for clunkers' program are made by foreign automakers, according to Transportation Department data." Ford's Focus was the top seller (good for Ford), followed by Toyota’s Corolla, Honda’s Civic and Toyota’s Prius and Camry. What is missing from the list? Of course, there is "NOT" one of the Government Motors (GM) models in the top five. Surprise, surprise, surprise!!!
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