Ford crushes October sales estimates amid truck boom (F, GM, FCAU, NSANY)

REUTERS/Paulo Whitaker US auto sales rose more than expected in October.  Ford, among the major manufacturers that topped forecasts, was supported by strong truck sales.  September was the strongest month of this year for the auto companies. They benefitted as people replaced cars that were salvaged by recent hurricanes.  This bump could persist for a few […]

Big 3 carmakers crush sales expectations after a slowdown caused by Hurricane Harvey (F, FCAU, GM, NSANY)

Scott Olson / Getty Images The major carmakers on Tuesday are reporting their sales performance in September.  The Detroit Big Three — Ford, GM, and Fiat Chrysler — topped analysts’ forecasts for the month after Hurricane Harvey slowed sales in late August. Analysts forecast that overall, sales in September rose at a seasonally adjusted annual rate […]

LIVE: US auto sales (FCAU, GM, F, NSANY)

Mike Cassese/Reuters Automakers will report their US sales results for February throughout Wednesday. Analysts estimate that total vehicle sales rose at a seasonally adjusted annual rate of 17.7 million, according to Bloomberg.  Sales fell in January after another record year for automakers. But that did not immediately signal an end to the industry’s boom, Business Insider’s […]