company, as you said, just had its best may in seven years. sales run 13% from a year ago. i know it sounds crazy, but the funny thing is that these recalls could actually wind up boosting sales because you get more people strolling through the show room as they go and bring their cars in for repairs and they say, hmm, i m gonna go buy that car. then i ve got some people who bring their cars in for repairs and they take those loaners and they say, you know what i like this loaner better, could i go ahead and buy this loaner instead? one thing that s not being advertised, poppy is that gm is also offering steep discounts to owners of cars recalled because of the ignition switch defect. this all kinds up piling on for sales. one other thing to keep in mind, analysts are saying gm at this point, it s got a really strong product pipeline that over that its overall auto demand is robust. these are reasons why you re seeing sales really holding in there. that s an important point to make
will elect a us president. he replied, 2040 or 2050. that late? pat buchanan said, let s hope so. that s your morning dish of scrambled politics. here s your first look at how wall street will kick off the day. the dow opens at 12,736. after dipping 36 points yesterday. the s&p lost 2. the nasdaq fell 5. looking at overseas trading the nikkei skidded 39 points. in hong kong, the hang seng was down 31. for a third straight session, stocks slid monday. this thanks to worry over european debt, asian weakness and lower second-quarter earnings. alcoa kicked off earnings after the bell posting a loss. nevertheless, alcoa s revenue and profit still beat expectations. and the company forecast growing aerospace and auto demand. spain s ten-year bond yield rose above the 7% crisis level. eurozone finance ministers are