What February's Auto Sales Mean For Mutual Fund Investors (GM, F, More)
Shauna O'Brien Mar 03, 2015
Inside the Auto Sales
Ford (F) reported a 1.9% decline in auto sales. Car sales fell 8.1%, while truck sales increased 4%.
General Motors (GM) posted an increase of 4.2% in auto sales. Sales of trucks and SUVs increased 36%.
Other Sales Reports
Chrysler reported a 6% increase in sales, but missed expectations of a 8.2% increase.
Nissan reported an increased of 2.7%, coming in well below estimates of a 7.2% increase.
The Cold Weather Has Slowed Sales
Mutual Funds to Watch
|VTSMX||Vanguard Total Stock Market Index||1.62%|
|VFINX||Vanguard 500 Index||1.06%|
|VTSMX||Vanguard Total Stock Mkt Idx||1.38%|
|OAKBX||Oakmark Equity & Income||1.22%|
The Bottom Line
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