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Auto Stocks Struggle Despite Strong Sales

2016-01-15 23:34:29| Auto Parts - Topix.net

Despite record car sales over the past year, Wall Street is seeing auto stocks tank due to factors such as rising interest rates and the struggling Chinese economy, which is the largest market for automobiles. Over the past year, Ford has seen its stock decline 19%, while it is down 12% so far for the new year.

Tags: auto sales strong stocks

Category:Automotive

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