Cars, cars, cars

Most Americans don’t realize that the multinational darlings of Wall Street make a good deal of their revenue outside the United States; hence the stock market is often not in alignment with unemployment. Ford is making India a key element in its strategy. Its debut mini car hits the market in 2010. Seventy percent of cars sold in India are small, the opposite of the SUV addiction. Meanwhile, GM is experiencing record sales in China of its small and medium size autos, and the American press is all over it. Ads for Ford are everywhere. It’s a cool brand here.