The Traderszone Network

Published in TZ Latest News 29 May, 2015 by The TZ Newswire Staff

Strong sales could shift Ford, GM to higher gear

Meeting those forecasts could be enough to lift the sector – among the cheapest in the market – putting the sting of product recalls and tepid recent growth in the rear view mirror. “This is going to be one of the best months ever,” said David Kudla, chief investment strategist of Mainstay Capital Management in Grand Blanc, Michigan. Weak auto results contributed to flat overall retail sales in April, but May is expected to represent a rebound.