Ford to Report Big Sales Increase: Does It Matter? [View article]
Ford had already ramped up production prior to the bump in sales in July. In spite of that, they are still out of inventory on models like Escape, Focus, and Mariner.
Since there is demand for these models, with or without cash for clunker money, Ford will have to ramp up production even more. That in turn provides GDP growth which to answer your headlines question "Yes it does matter".
The uptick in July sales will also allow GM and Chrysler to start producing cars since they were able to move alot of their dead inventory that would still be sitting on lots two months from now were it not for the cash for clunkers incentive along with excessive rebates on top of it by Chrysler. So even these two will contribute to material GDP growth in the coming weeks and months.
Even Honda and Toyota will be having to rebuild inventories.
All these vehicles being built in August as opposed to October for GM and Chrysler will stimulate the economy two months early. Which is a good thing.
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Ford had already ramped up production prior to the bump in sales in July. In spite of that, they are still out of inventory on models like Escape, Focus, and Mariner.
Aug 03 17:37 pm
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All Comments by Jobu37 »Ford to Report Big Sales Increase: Does It Matter? [View article]
Since there is demand for these models, with or without cash for clunker money, Ford will have to ramp up production even more. That in turn provides GDP growth which to answer your headlines question "Yes it does matter".
The uptick in July sales will also allow GM and Chrysler to start producing cars since they were able to move alot of their dead inventory that would still be sitting on lots two months from now were it not for the cash for clunkers incentive along with excessive rebates on top of it by Chrysler. So even these two will contribute to material GDP growth in the coming weeks and months.
Even Honda and Toyota will be having to rebuild inventories.
All these vehicles being built in August as opposed to October for GM and Chrysler will stimulate the economy two months early. Which is a good thing.