Auto Sales: CarMax Warning Chills GM Stock, Ford Stock Ahead Of Q3 Reports

U.S. auto sales are seen holding up in the third quarter, as vehicle inventories slowly improve but new headwinds arise. A CarMax demand warning continued to weigh heavily on GM stock and Ford stock Friday.




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General Motors (GM), Ford (F), Stellantis (STLA), Toyota Motors (TM) and Honda Motor (HMC) are among those teeing up to disclose September and Q3 sales. They are due to report Monday Oct. 3.

The annualized pace of U.S. new vehicle sales in September is expected to reach 13.3…

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