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Why Auto Stocks Are Poised for a Breakout in 2013
If you’re a car enthusiast you were likely paying close attention to the opening of the North American International Auto Show in Detroit Monday. It’s the first—and arguably the most important—event on the automotive calendar. The four-wheeled extravaganza kicked off by revealing the car and truck of the year for 2013. The former went to the Cadillac ATS a surprise winner that fended off a high-powered field that included the Fusion from Ford Motor Company (NYSE:F) and Honda's (NYSE:HMC) revamped Accord. The Dodge Ram got the nod for truck of the year outpacing Ford’s C-Max and the Mazda (PINK:MZDAF) CX-5. Pickup Sales Will Pull Their Weight ...
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