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Early June auto sales figures from Ford (F Quote) appear to be signaling improvement in the economy.
June is shaping up to be Ford's best month since July 2008, with a sales decline that will likely end up between 10% and 20%, says Ford analyst George Pipas, who briefed reporters Monday.
The improving trend has led Ford to boost its third-quarter production rate by 25,000 units to 485,000 units. That is on top of a planned 10% increase to 460,000 units that Ford announced last month. Planned third-quarter production is now 16% higher than 2008 third-quarter production. ...
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