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GM’s June Sales Double Analyst Estimates

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  • Description

    FBN’s Jeff Flock breaks down the automaker’s June Sales.

  • Duration 1:37
  • Date

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Auto maker numbers all day long they've been posting big sales gains in June from last year -- Jeff -- that's all the numbers Jeff.

As a perspective on -- on this -- keep in mind this is compared particularly Japanese auto makers compared to a very bad tsunami impact this time last year but still the numbers are impressive take a look at Toyota up 60%.

-- for the June sales.

Month.

VW up 34% Nissan 125% still waiting -- Honda.

Among the US auto makers Chrysler had its 27 consecutive month of year over year sales gains it's amazing GM was up twice.

What the analysts thought at 16% for 7% you look at the GM stock.

I got a real boost today up about 65 or 6% I think last time I looked at it.

And you know it might be time to start thinking if you look at GM's stock compared to Ford's stock.

I -- force now investment grade but it might be time to start thinking about moving some of your exposure from Ford into GM I think.

You know GM may have just about bottomed out.

It was 33 at the launch twenty now and Dan Akerson told me last week Liz.

Look at Ford -- Ford did they were eighteen when we launched are now closer to ten.

And -- are down farther than we -- since our launch so it's not a bad argument.

Slinging mud once again in Detroit I was like that he.

You know I support our auto makers big time I mean I think they're making real things in America that bastion of manufacturing but if that's your strategy -- yeah while I don't about but look at that guy show no worse than many yet.

I went back okay avoid that Sarah plain again thank --

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