Schaeffer's By the Numbers: Ford Motor Company in the 'Clunkers' Aftermath
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CINCINNATI--(Business Wire)-- We're not sure if you've heard of a little government program called the Car Allowance Rebate System (CARS), but it was a pretty big deal for the auto industry this summer. More casually known as "cash for clunkers," the stimulus effort allowed good, tax-paying U.S. citizens to swap out their gas-guzzling automobiles in exchange for newer, more fuel-efficient vehicles -- along with a $4,500 rebate from the feds for doing so. As a result of the program, car companies -- including Ford Motor Company (NYSE: F) -- reported rising demand for their vehicles, and some announced plans to ramp up production as a result. However, with CARS officially wrapping up this past Monday, anxiety has reemerged among auto investors. Without the aid of a federal stimulus, analysts are wondering, can U.S. automakers maintain their positive momentum? To continue reading this article, click here: http://www.schaeffersresearch.com/commentary/content/ford+motor+company+in+the+clunkers+aftermath+by+the+numbers/observations.aspx?click=home&ID=94867&source=businesswire Schaeffer's Investment Research Elizabeth Harrow, 513-589-3800 eharrow@sir-inc.com Copyright Business Wire 2009
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