DETROIT (AP) - Shares of General Motors Corp. and Ford Motor Co., the two biggest U.S. automakers, declined Monday amid signs of disappointing February sales, high gasoline prices and downgrades by a Wall Street investment bank.
GM shares fell $1.24, or 3.4 percent, to close at $35.65, its lowest close since mid-2003, while Ford lost 35 cents, or 2.7 percent, to $12.65 on the New York Stock Exchange.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
