By Leftlane Staff
Tuesday, Aug 29th, 2006 @ 11:22 am

Later this week, GM, Ford , and Chrysler are expected to disclose their sales numbers for August. But the numbers may be deceptive, according to the Detroit Free Press. That’s because hurricanes Katrina and Rita caused car sales to tumble unexpectedly as gas prices skyrocketed and the economy took a hit from August to October last year. The weak sales may end up being a bless for the automakers this year, because it will allow them to make easy year-over-year comparisons for the next few months as sales normalize. But even that might not be enough to create the appearance of improvements. Robert Barry, an automotive analyst for Goldman Sachs, predicts weak results for Detroit automakers. “We expect GM sales to be flat, which is a poor showing” given its comparison to last year, Barry wrote. Stay tuned to Leftlane for coverage Friday.

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