Friday, June 28, 2013

Ford: It’s Time to Buy

For the first time since its near total collapse in 2009, the American auto industry is hitting top gear.

And I’m talking about the entire industry — from major car manufacturers to small parts suppliers.

Vehicle sales are on track to reach about 15 million units this year, up from 10.4 million in 2009.

As a result, factories are now operating at 95% capacity — and for the first time in four years, they’re looking to add more workers, floor space and machinery. (more)

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