- Ford's (F -7.2%) business update could prompt a rotation of investor funds out of the blue oval to General Motors (GM -3.4%), advises Buckingham Research.
- Despite the automaker's many improvements amid a booming U.S. auto sector, it's clear analysts got ahead of themselves with their rosy projections on Ford and will now have to reset.
- There's nothing official from Detroit, but the chatter flowing out of the Ford event is that CEO Mulally will stay on.
- Sector watch: Though GM is down on the day, Japanese automaker are holding up just fine: Toyota (TM) +1.0%, Honda (HMC) +2.6%, and Nissan (NSANY) +2.6% in OTC trading.
Reaction to Ford's business update
Dec 18 2013, 10:46 ET