NEW YORK, Feb 28 (Reuters) - The credit markets are bracing for U.S. automakers to have lost market share to foreign rivals in February, but some credit traders think the news might be better than the market fears. Industry wide, auto makers are expected to report that sales of cars and trucks in February were somewhere close to February 2004's 16.5 million, on a seasonally adjusted and annualized basis. Some analysts think sales could even match January's disappointing 16.2 million sales. ...
Premium Content (PAID Subscription Required)
"US CREDIT-GM could be a good contrarian play" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.