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Ford (F) Ends Up In Second Place Vs. Hyundai

September 1, 2009 3:16 PM EDT
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Ford (NYSE: F) ends up in second place with August sales month, up 21% vs. Hyundai up 47% year-over-year. However, how do you compare an American company selling vehicles in the U.S. for over a century to a South Korean company that has been selling cars in America for a little over a decade.

Total sales of Hyundai vehicles for the month of August were 60,467 vs. 176,323 vehicle sales for Ford. Pretty impressive on both accounts, but Ford's stock has risen from a 52-wk low of $1.01 to the recent range of $7 (a 6 bagger), so of course, any news is a reason to sell....cripe...just ask cramer...don't be a pig...he'll tell ya.

Toyota (NYSE: TM) reports a 10.5% increase, Honda (NYSE: HMC) reports a 14.2% increase, Nissan reports a decline of almost 3%, BMW drops over 20%, GM drops 20%, and Chrysler reports a decline of about 15%.

[SM]

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