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Ford Motors (NYSE:F): Current price $13.46
The auto industry in China faces a clouded perspective on growth during 2013, as the government moves to restrict the issue of licence plates to unclog traffic, while Japanese car makers will suffer slow demand in the wake of the territorial row between the two countries. According to Reuters, a poll conducted by industry portal gasgoo.com found about half of a dozen senior Chinese executives predicting the auto industry to grow at only a single digit rate during 2013. The others expect growth at a somewhat better 10%. Ford Motors (NYSE:F) has forecast 5 to 10% growth, while General Motors‘ (NYSE:GM) outlook is in the range 5-8%.
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