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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: mishedlo who wrote (17337)	12/1/2004 10:38:50 PM
From: RealMuLan	Read Replies (2) of 116555

Ford and G.M. Sales Slide Despite Generous Rebates By DANNY HAKIM Published: December 2, 2004 DETROIT, Dec. 1 - Despite a crop of new car models and a still-generous supply of rebates, sales fell for the Ford Motor Company and General Motors in November. Both companies said they would cut production in the first quarter of 2005 from levels of the same quarter this year, the latest troubling sign for job growth in Michigan and other states where the companies operate. G.M. said Tuesday it was accelerating a plan to stop production at a plant in Linden, N.J., and would lay off nearly 1,000 workers at the plant early next year. nytimes.com

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