GM and Ford Choose Different Routes to Return to Profitability
Oct 15th, 2008 | By Jennifer Yousfi | Category: Financial News, Stock Market InvestingShares of Ford Motor Co. (F) and General Motors Corp. (GM) posted gains yesterday (Tuesday) on speculation that consolidation in the U.S. domestic auto industry could be the struggling sector’s saving grace.Over the last three trading sessions, Ford shares are up almost 18%, while GM shares are up over 37% on reports of possible merger talks and asset sales.