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Ford analyst George Pipas gives a sneak peek at Sept. U.S. auto sales numbers, saying the...
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Friday, September 23, 2011, 1:32 PM ETFord analyst George Pipas gives a sneak peek at Sept. U.S. auto sales numbers, saying the annualized rate is tracking at its best rate since April. Seemingly casting aside any recession worries, he adds that after Honda (HMC -0.5%) and Toyota (TM +0.9%) recover inventories by the end of Oct. there are "no excuses" for auto sales. Shares of F +2.3% and GM +2.9% are posting steady gains.
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