2012 a good year for gm ford
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

2012 a good year for GM, Ford

Arab Today, arab today

Arab Today, arab today 2012 a good year for GM, Ford

Detroit - UPI

The two top US auto companies ended 2012 on a high note with double-digit increases in their stock price during the year. On Monday, GM was selling for $28.83 a share, The Detroit News reported. It was up 42 percent over the $20.27 price at the end of 2011. Ford's gain was less impressive but still above the average for U.S. stocks. At $12.95 a share Monday, it was up more than 20 percent from $10.76 a year earlier. Stocks listed on the Dow Jones industrial average were up 7 percent on average, while the Standard & Poor 500 was up 13 percent. Strong U.S. sales boosted the two companies' earnings and the increases in their stock prices. But in August, the continued European crisis, which drove sales there down, helped cut their stock prices to below where they finished in 2011. Both companies rebounded after they announced plans to cut European capacity. David Kudla, chief executive officer of Mainstay Capital Management LLC in Grand Blanc, Mich., predicted another good year in 2013. "The sales in North America are just so strong, and we see that expanding even further next year," he told the News. "We're still in the early innings of the auto recovery. We're looking at another great year for both stocks."

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

2012 a good year for gm ford 2012 a good year for gm ford

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

2012 a good year for gm ford 2012 a good year for gm ford

 



GMT 10:06 2012 Saturday ,28 July

Querrey advances at ATP LA Open

GMT 21:15 2017 Thursday ,01 June

Trump condemns deadly Kabul explosion

GMT 02:15 2017 Thursday ,24 August

Is your country on the Qatar free entry list of 80?

GMT 19:48 2016 Monday ,03 October

Controversial boxing champ Tyson Fury retires

GMT 08:20 2015 Tuesday ,08 December

PC market woes show no sign of easing

GMT 17:27 2017 Tuesday ,25 April

20 Yemeni soldiers killed, injured in explosion

GMT 11:52 2017 Saturday ,30 December

OIC condemns Mar Mina Church attack

GMT 00:03 2017 Saturday ,25 March

Arab Meeting to Examine Anti-Corruption Methods

GMT 13:12 2017 Thursday ,20 April

Deputy premier meets Arab League chief

GMT 14:13 2014 Friday ,10 January

Opel Astra GTC

GMT 18:27 2016 Tuesday ,02 August

Turkish Foreign Minister arrives in Islamabad

GMT 11:27 2016 Tuesday ,13 December

Saudi woman arrested for challenging social norms
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday