Time to go buy a car...
Fiat/Chrysler is also announcing lower car sales, adding the the weak numbers from Ford, GM and Honda.
Their sales slumped -5.0% vs. last year. The estimate was for a gain of +0.4%.
UPDATE: Toyota is down -2.1% vs estimate of down -1.2%
The USDJPY is a few pips lower.
ISM manufacturing for March is due at 10 AM (est 57.2 vs 57.7 last month), along with Construction spending for February (estimate 1.0% vs -1.0%).
ISM manufacturing for March is due at 10 AM (est 57.2 vs 57.7 last month), along with Construction spending for February (estimate 1.0% vs -1.0%).
More auto news: Fiat Chrysler down -5.0% vs +0.4% est.
More auto news: Fiat Chrysler down -5.0% vs +0.4% est.
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