Will Ford or GM try to sell their stock at super low prices as a result of recent sales?

  • Thread starter Thread starter Matt N
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Matt N

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I keep reading articles about how their car sales have dropped up to 53 percent, so what could they possibly do with all the filled warehouses?
Stock as in the cars in the ware houses, not on the stock market
 
Auto companies don't have warehouses. They have all the employees laid off right now, to deplete the inventories. Auto companies generally keep inventory at about 90 to 100 days inventory, but right now have about 130 to 140 days inventory. They cut production schedules way down all thru 2008. The Jan. layoffs will get the inventories down to acceptable levels. FYI foreign car sales are down almost 40% as well.
 
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