The News Review:
- US Auto Sales Likely Fell in March Amid Luxury Drop (Update2)
- Out of the Gate: Auto Suppliers Rise
- AAA Auto under investigation over its communication policy – report
US Auto Sales Likely Fell in March Amid Luxury Drop (Update2)
Bloomberg – Mar 31, 2008
probably fell for a fifth straight month in March amid a drop indemand for luxury vehicles such as Honda Motor Co. 's Acura andGeneral Motors Corp.
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Out of the Gate: Auto Suppliers Rise
Motley Fool – Mar 31, 2008
David Leiker raised his rating to “Market Overweight” from “Market Weight” also noting that “adjacent” sectors including homebuilding trucking and retailing are recovering. Those stocks tend to bottom before auto suppliers he said and their recovery indicates the auto supply sector will turn around soon. Shares of Methode Electronics Inc. gained 90 cents or 9 percent to $11.
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AAA Auto under investigation over its communication policy – report
Forbes – Mar 31, 2008
‘s corporate communication policy weekly Euro reported. The investigation is linked to AAA Auto’s fourth-quarter profit warning that came despite a series of ‘optimistic’ news releases from the company throughout that period the weekly said. A CNB spokeswoman told the weekly the regulator has not found so far that AAA Auto had breached any of its legal duties.