Carmakers report large gains on strong demand for trucks and SUVs.
Stock of the world's largest carmaker, recommended by analysts and scorned by investors, is down 44% on the year.
The automaker likes to remind us that it didn't take a government bailout like its Detroit rivals, but does the story resonate with car buyers?
The largest automakers saw double-digit sales gains for the month, but in some cases that still wasn't enough for Wall Street.
Even for less-than-bullish analysts, the automaker's stock is indisputably cheap.
Dealers have several months' worth of unsold trucks. Is the automaker trying to paint a better picture?
| Tags: | gmKim Peterson |
Sales were again down for Toyota and Honda, but that didn't translate into the expected gains for GM.
Investors should look to emerging economies for gains in the second half of the year, Jim Jubak says.
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