SeekingAlpha via Yahoo Finance: May 2007 'Big 3' Vehicle Sales Preview [Archive] - Ford Inside News Community

: SeekingAlpha via Yahoo Finance: May 2007 'Big 3' Vehicle Sales Preview



SobeSVT
06-01-2007, 07:10 AM
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May 2007 'Big 3' Vehicle Sales Preview
Friday June 1, 9:24 am ET

Jerry Marks (AutoRetailStocks.com) submits:
Ford's sales analysis manager, George Pipas, told reporters Tuesday during a conference call that Ford expects a single-digit-percentage decline in overall sales for May compared with a year earlier. Sales to rental-car firms are expected to be 20% lower, as the company continues executing a strategy of scaling back on low-margin transactions.

Source: Wall Street Journal, John D. Stoll, May 30, 2007

U.S. vehicle sales are expected to come in at a seasonally adjusted annual rate of about 15.9 million to 16 million vehicles for May, down from last May's rate of 16.2 million units.

Source: Reuters, Jui Chakravorty, May 30, 2007

May 2007 Vehicle Sales
This afternoon automakers will report how many vehicles were sold at the dealerships that represent their brands (franchised auto retailers).

The table below shows you how many vehicles I think were sold and how many units the dealers ended with in inventory in May 2007 versus what the industry reported last May (2006). In analyst terms, we call this a forecast or guesstimate. . .

http://seekingalpha.com/wp-content/seekingalpha/images/mayvehiclesales1.jpg
*As a special note, the number of dealerships is based on what the NADA reports in their data book at the beginning of each year (January 1st).

for more CLICK HERE (http://biz.yahoo.com/seekingalpha/070601/37114_id.html?.v=1).