Sunday, May 30, 2010

Ford Expects Auto-Industry Sales Pace to Continue

BY JEFF BENNETT

DETROIT—Ford Motor Co.’s sales analyst on Friday said the U.S. auto industry will continue its current pace and finish May on track for an annual sales rate of slightly more than 11 million new cars and trucks.

April sales finished at an annual rate of 11.2 million vehicles, and industry analyst Edmunds.com has forecast a May rate of 11.4 million.

The market will continue its modest recovery in the U.S., Ford’s George Pipas said. Mr. Pipas said …

Via : http://online.wsj.com

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