FORWARD INDUSTRIES, INC.
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3 Winners and 1 Loser in the US Auto Industry
By Masam Abbas - January 10, 2013 | Tickers: FORD, GM, HMC, NSANY.PK, TM, VLKAY
More bounce-back and replacement sales from Superstorm Sandy, a strengthening auto market, and aggressive marketing helped the US light vehicle seasonally adjusted sales rate to achieve a five-year high. The US SAAR ended up 15.31 million. Though it dipped below the forecasted 15.6 million mark, it was still a strong finish for the year.
December's actual monthly sales of 1.35 million rose 13.4% YoY. Many more »