Stocks in the news: GM, Citigroup, Toyota


A day after the Dow Jones Industrial Average dropped below 7,000 and continued its free fall to close below 6,800 (a level not seen in 12 years), and a day after the S&P 500 nearly tore through the 700 level, U.S. stock futures may try to stage a rebound ahead of February car sales numbers. Before the bell: Stocks may rebound from Monday's tailspin

General Motors (GM) and Ford Motor (F) will report February car and truck sales today. projects an adjusted sales decline of 46.2 percent and 47.5 respectively from February of 2008.From January 2009, sales at the Detroit car makers are expected to increase 8.4 percent and 5.5 percent respectively. GM also plans to buy back the steering business of Delphi to help the partsmaker restructure. GM shares opened about 3% higher, Ford only half a percent higher.