NEW YORK (Reuters) - Shares of U.S. automakers may finally be able to accelerate.
Investors are closely awaiting next week's May sales data, expected to come in near record levels. Meeting those forecasts could be enough to lift the sector - among the cheapest in the market - putting the sting of product recalls and tepid recent growth in the rear view mirror.
Estimated sales of 1.6 million new cars and trucks in May would make for a seasonally-adjusted annual rate of 17.4 million vehicles, according to Edmunds.com, a car buying platform.
"This is going to be one of the best months ever," said David Kudla, chief investment strategist of Mainstay Capital Management in Grand Blanc, Michigan. Kudla sees May sales approaching $40 billion, not far from the $40.3 billion record in August 2014.
The plants “have had a few shifts canceled due to a frame supplier not being able to keep up,” Hillyard wrote in a post on UAW Local 429’s Facebook page April 1. “The demand for the new F-150 is very strong and it looks to be a busy year once the supply base is able to keep up with the two truck plants.”
How long will you hold onto that desperate notion while the new SYNC 3 system is rolled out in new models?
Got some good Nixon digs?
"HAR?" Can you see yourself? What kind of immature brat writes like that?
Here you have HILTHEHAGSKAG and BOY linked to undoubtedly one of the largest money laundering schemes EVER and DEMWITS want to shift focus to FIFA or HASTERTPULLEDTHEWEINER for a paltry $3.5 million. HA! I just had on PBS and all they are speaking of is Hastert. Imagine if Bush or Trump or Carly were linked to a $2 billion offshore money laundering machine selling influence to foreign nations including enemies. Of course none of this will work as Gowdy sees this for the grand prize our LORD GOD is handing him and the LORD will not fail, PERIOD!! I love how Gowdy is laying back and staging it likely already knowing just how damaging it is going to be!!!! FUN FOLKS LIKE NEVER BEFORE and one thing is CERTAIN OUR LORD GOD IS SETTING THE WORLD FREE FROM 102 YEARS OF DEMWIT PARTY ROTHSCHILD FRIENDS OF THE CLINTONS PILFERING CRIMES!!! Of course unlike BOY who had the corrupt DEMWIT Senate to COVER ALL THE LIES from sexcapades that indeed make Hastert a choir boy to the filthy thieving massive monies they scammed way back then in the savings & loan debacle again all off US citizens backs and CRIMINAL DEMWIT SENATE covering it all as usual. HILTHEHAGSKAG does not have the same protections and this time the CLINTON CRIME SYNDICATE WILL BE DESTROYED!!
And Note DEMWITS: Bill Clinton, exactly like Bill Cosby, is a multiply-accused rapist with allegations stretching back decades. And exactly like Cosby, Clinton has settled a sexual harassment lawsuit out of court. But unlike Cosby, Clinton continues to enjoy the adoration of the public and the benefits of his personal fortune. Why? Because we haven’t made it an issue yet. Let’s start: Google “Bill Clinton rape.”
Stay BENTOVER DEMWITS for Trump is announcing June and YOU IS GOING DOWN ON A HARD TRUMPPUMPTHUMPING WITH THE LOVELY CARLY ICING ITS CAKES!!! Now hurry back to PBS, CNN, MSLSD for I hear they may be showing photos of HASTERTPULLINGTHEWEENIE or photos of HISOLELAMEHAIRYRUMP pumping out a new POT OF BOYCLINTONSTENCOSTEW
Who are somehow such geniuses they aren't caught? With at least $100 million spent over the years to "get" them?
You are making a case that we need to elect them. Who better to put across a table from Putin or Hu? One of the undistinguished collection in the latest Republican hen yard of candidates?
Obama has done more to divide this country than the civil war ! And believe it or not Hildabeast will finish the job if the loons don't come out of their trance .
Sentiment: Strong Buy
Is wall street rigged to the point that a market manager (Mike) on CNBC show Options Action (5:30 Fridays) can tell you 3 months ago Ford would go from $16.50 to under $15.50? Bill Ford Jr. said on TV in Sept. 2014 that it was a buy at $16.00. How does a TV personality know what a stock will do better than the Executive Chairman? On show today they (Mike) said auto stocks are a buy. I understand TV is entertainment (Cramer quote) but how did this guy nail it?
Where? I've seen most border towns, and I've never seen one where people could jump off a roof into the U.S. At places where the Mexican housing is that close to the line, there's a tall fence, often with razor wire at the top.
Where is is that can people just jump from a Mexican roof into the U.S.?