US Sales and Production Expectations

Analysts expect August’s US light vehicle sales to reach 17.5 million units compared with 17.2 million from July and 19 million from last August. They predict that Chrysler’s sales will increase by three per cent, however GM’s and Ford’s are expected to decrease by one and five per cent respectively. Investors will be focusing on both GM’s and Ford’s fourth quarter results where they are expecting production to be down by 2.4 and 7.8 per cent respectively.