Seeking Alpha

Automakers are expected to report the highest level of June sales in the U.S. in five years when...

Automakers are expected to report the highest level of June sales in the U.S. in five years when the numbers are released next week. The consensus estimate of analysts of 13.9M vehicles, marks an improvement over last month's 13.7M tally, and should stand well-above the earthquake-impacted June total from last year. If all goes well, auto stocks could see a bounce higher after Ford's global sales warning cut to the bone. Reporting on July 3: GM, F, FIATY.PK, TM, HMC, NSANY, VLKAY, NSANY, and HYMLF.PK.
Comments (3)
  • TwistTie
    , contributor
    Comments (2477) | Send Message
     
    Oh my god. I'm going to have to do all of my shopping on Monday.

     

    Yuck.
    29 Jun 2012, 02:23 PM Reply Like
  • 1980XLS-2.0
    , contributor
    Comments (525) | Send Message
     
    Does not bode well for the likes of AZO, AAP etc.

     

    ORLY has already warned.

     

    http://reut.rs/KItZ5m
    29 Jun 2012, 05:34 PM Reply Like
  • Jim Boxcar
    , contributor
    Comments (10) | Send Message
     
    You say "...report the highest level of JULY sales in the U.S...."
    I presume you mean JUNE, not July.
    30 Jun 2012, 12:42 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|