TCL Associates Predicts 30% Upside for American Auto Manufacturers
It has been five years since the start of the finical crisis, in that time American auto manufactures have gone from bankruptcy to boom. In August 1.5 million cars were sold, the most in one since May 2007 and the annual selling rate has surpassed 16 million, the quickest rate since October 2007. Analysts at TCL Associates interpret this to signal the best year for auto manufactures since the 90s.
Over the past twelve months Ford has climbed 31% and...
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