Terri
08-29-2003, 08:24 AM
Auto Sales Expected to Hit New 2003 High in August
Reuters
Fox News
August 28, 2003
DETROIT — Record high gasoline prices and the blackout that darkened much of the eastern United States did little to dim U.S. new vehicle sales in August, which are expected to hit their strongest level of the year.
Steve Lyons, the head of Ford Motor Co. (F)'s Ford division, said Thursday that U.S. new car and light truck sales could hit a seasonally adjusted annual rate of 18.2 million to 18.7 million in August, far above July's strong rate of 17.2 million.
"Certainly the deals are good and customers are responding," Lyons told reporters, citing the strengthening U.S. economy and high incentives for fueling sales.
More (http://www.foxnews.com/story/0,2933,95943,00.html )
Reuters
Fox News
August 28, 2003
DETROIT — Record high gasoline prices and the blackout that darkened much of the eastern United States did little to dim U.S. new vehicle sales in August, which are expected to hit their strongest level of the year.
Steve Lyons, the head of Ford Motor Co. (F)'s Ford division, said Thursday that U.S. new car and light truck sales could hit a seasonally adjusted annual rate of 18.2 million to 18.7 million in August, far above July's strong rate of 17.2 million.
"Certainly the deals are good and customers are responding," Lyons told reporters, citing the strengthening U.S. economy and high incentives for fueling sales.
More (http://www.foxnews.com/story/0,2933,95943,00.html )