Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Will Ford Motor Company (F)’s Fusion Power More Sales?

Ford Motor Company (NYSE:F)’s hot-selling Fusion has gained ground on Toyota Motor Corporation (ADR) (NYSE:TM)’s Camry in 2013. Photo credit: Ford Motor Company (NYSE:F).

It’s looking like June was another strong month for auto sales in the U.S., despite the Federal Reserve’s suggestions that it would roll back its bond-buying program and let interest rates rise.

Analysts polled by Bloomberg are calling for a 7.1% year-over-year increase in U.S. light-vehicle sales for June. (“Light vehicles” are cars, pickups, and SUVs.)

That increase would mean that the pace of auto sales in June was the fastest we’ve seen since 2007. And that’s good news for the automakers – though, as always, some appear to have fared much better than others.

Another big month for the Blue Oval
It’s looking like Ford Motor Company (NYSE:F) will be one of those that fared better than most of its rivals. Last week I noted that a couple of leading analysts have predicted that Ford Motor Company (NYSE:F) will come in among June’s sales leaders, and that appears to be a consensus opinion.

Bloomberg surveyed 11 analysts and reported on Monday that Ford Motor Company (NYSE:F) is likely to report a monthly sales increase of about 12%, the analysts’ consensus estimate. That number comes despite Ford Motor Company (NYSE:F)’s own concerns about the Fed’s shift in position.

Ford’s Americas chief, Joe Hinrichs, told reporters last week that the Fed’s moves, which roiled the stock markets, might have led to a slowdown in sales in the later part of June. Auto sales often decline when the stock market is dropping – both reflect acute drops in consumer confidence, to some extent.

But it’s likely that Ford’s overall June numbers will reflect continued momentum on the fronts where the Blue Oval has been especially strong recently: pickups, the Escape SUV, and the white-hot Fusion sedan. That’s good news for Ford’s second-quarter profits, which will be reported later this month.

Nissan Motor Co., Ltd. (ADR) (OTCBB:NSANY)‘s yen-fueled winning streak could continue Among Ford’s rivals, Nissan Motor Co., Ltd. (ADR) (OTCBB:NSANY) also looks set to continue its winning ways in June. Analysts polled by Bloomberg predict a 13% gain, which likely led the market. After a lackluster beginning to 2013, Nissan Motor Co., Ltd. (ADR) (OTCBB:NSANY)’s U.S. sales took off in May, powered by several strong new models – and by price cuts and increased incentives that the automaker put in place at the beginning of the month.

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.