Ford and GM slide after reporting weak March sales (GM, F)
US automakers are sliding on Monday after reporting weaker than expected March sales numbers.
Ford's stock price is down 2.19% at $11.39 and GM's stock price is lower by 3.25% at $34.21 as of 10:05 AM EST.
Ford sold 236,250 vehicles in March, a 7.2% percent decline compared with March 2016. Analysts were expecting sales to fall 5.9%.
There was a bright spot for Ford. Trucks and SUVs were a strong point for Ford. The Dearborn, Michigan-based manufacturer sold 81,330
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