As the US based companies spread over seas their sales have been erratic. For example GM sold 1.57 million vehicles in China in its 8th months. After a while the sales did start to slow so the main companies started to offer discounts and incentives to help their product. But this back fired because it caused many people to wait even longer to see if there would be a better price. But as US companies keep expanding across the globe their sales continue to rise. Ford sales have risen 32% from a year ago in the African region and 42 % total from a year earlier.
I think that now would be a good time to invest in Ford because the demand for their product is high according to the recent numbers pertaining to their sales. They have to assembly line plants under construction in the Asian Pacific area and I think that with the high demand Ford will come through with the supply and make a large profit. Is now a good time to invest in US based car companies due to global expansion?
^Billy Knutsen
ReplyDeleteWhy do you think Ford has been to successful in the past year?
ReplyDeleteAlso, please include a link to the article.