Big 3 Car Sales Crash Continues, Accelerate Lower in July


[quote=”Helmholtz Watson” post=505]The only consistent here is the Big 3 sales keep crashing and their in-house economists and the stock analysts complete misreading how bad these sales are. Ignorance or wanton neglect ?[/quote]

I believe the auto majors are fairly priced
the P/E multiples are very low and have a dividend paying well above the UST10 yr (other then FCAU, which is not paying a dividend.)

one the most surprising things might just be the short float which range from 2.5 to 3.6%
which is rather low considering everyone was expecting a slowdown in auto sales

If you could pick 1 of the 3 to “get it right” in the electric vehicle market
over the next 10-20 years, that investment should do rather well