2 Auto Stocks Suffer Recall, Sector Headwinds
General Motors and Ford have seen very different options activity latelyThe auto sector is swimming in red ink today, for a variety of reasons. From a macro perspective, deteriorating economic conditions in China forced European automaker Mercedes to trim its annual forecast. Digging deeper, two sector stalwarts are battling internal headwinds as well.At last check, General Motors Co (NYSE:GM) is down 0.8% to trade at $48.20, with additional headwinds coming from a 449,671 vehicle recall for an inoperative ...