Sedan sales are down…but truck and SUV sales are increasing, due to low gas prices.
Yesterday, we learned that US auto sales had slumped in May, as sales at Ford Motor (F) dropped 6.1%, and slumped 18% at General Motors (GM). Barclays’ Brian Johnson and team explain why weak auto sales might not do too much damage to their stocks:
Read Full Story: Ford & General Motors: A Sedan Recession?
