GM and Ford in No Rush to Press the Panic Button


General Motors  (GM) – Get General Motors Company Report and Ford promote thousands and thousands of automobiles a yr.

They even have financing arms, GM Financial and Ford Credit, which lend cash to their prospects and potential prospects who wish to purchase their merchandise.

The two automobile giants are due to this fact an necessary barometer for buyers in search of to know if we’re in recession or if the difficulties of households are getting worse whereas the monetary markets are in panic mode within the face of record-breaking inflation.