U.S. Auto Sales Mostly Down, Car Stocks Mostly Up
With September auto sales down year-over-year almost across the board, Toyota Motor Corp. (NYSE: TM) was the only auto company to report higher year-over-year sales of 1.5 percent.
Meanwhile, four auto companies that reported slumping sales are trading slightly higher.
- General Motors Company (NYSE: GM) reported year-over-year sales down 0.6 percent. Shares were up 1.35 percent at $32.20.
- Honda Motor Co LTD (NYSE: HMC) reported year-over-year sales fell about 0.1 percent. The stock was up 0.40 percent at $29.04 a share.
- Fiat Chrysler Automobiles NV (NYSE: FCAU) reported year-over-year sales were sown 1 percent. Shares are up nearly 0.4 percent at $6.42.
- Ford Motor Company (NYSE: F) reported year-over-year sales down 8 percent. The stock was trading up around 0.4 percent at $12.12.
- Toyota reported year-over-year sales as up 1.5 percent. The stock was the only one among these trading lower at around 0.64 percent at $115.29.
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