US Automakers Expected To Reach Record Sales in Month of May

[Purveyor]

Posted on May 31 2015 - 5:27am by April Taylor

It looks like shareholders of the US automakers are in for a good year. Investors are carefully looking towards next week’s release of the May sales data, which is actually expected to be near record levels.

“This is going to be one of the best months ever,” explains Mainstay Capital Management chief investment strategist David Kudla.

Kudla explains that May sales are approaching $40 billion, which is extremely close to the $40.3 billion record set in August 2014.

Indeed, then, this could be a great sign that the slumping US auto industry is poised to rebound.

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http://www.piercepioneer.com/us-automakers-expected-to-reach-record-sales-in-month-of-may/41329

[NightWatcher]

1. I hope to buy in June or July

Maybe I can get a deal on this year's Camaro before the new ones roll out in the Fall.

It's for work and my old pickup truck won't fit the purpose anymore.