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Markets II - USA - GM Seen Losing Most Of June, July Market-Share Gains
USA - Forbes, by Maya Roney -09.26.05: -- Merrill Lynch said automotive sales will continue to slow down through September and October as employee-discount pricing programs draw to a close... Merrill expects a September sales declines from a year ago of 28% for General Motors, 18% for Ford Motor, and 3% for DaimlerChrysler. Both GM and Ford's employee-discount programs have "gone kaput," said the firm, with GM giving back nearly all its market-share gains of June and July...
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