Edmunds.com CEO on Auto Sales

" And warned of these port numbers stuff and Robert going to stay with us Edmunds dot com CEO. Jeremy and Willis here to help us checked the numbers don't want to get back to Florida if you don't mind Jeremy and talk about the -- at the mix that we've seen it's changed a little bit. Sales up three point 1% for October but it was light vehicle sales and then both -- sales were up over 19% at Ford F series. Not quite the performance but in the past what do you make of that."

" I think there's some months some good news coming out of Detroit you mentioned him as -- and in particular with four of the Taurus has been a very strong product alone launch them. Member of the Taurus back in the eighties it was it was one of the number of it is selling vehicles in America looks like that was on the that the comeback trail some good news what that what we're what -- you -- because you guys were predicted a minus side and it was applause. Yeah if you look at October and I think it started out very strong it was starting animals that ten point 79 annualized pace than it really slow down the middle of the month so obviously what happened is the last few days -- a particular last week and must have picked up the pace again."

" About Jeff Flock is also a kind of talk about overall the sales picture and I know that you couldn't. Talk about this as well dirty but -- you know the -- bunkers with that program and that I know that you talk to these folks a lot. On the side in the automobile industry how nervous are they about the -- after effects of cash for clunkers."

" Well they have a very different different take security and happens -- in terms of that they don't feel looking for sales that got pulled through they do feel that there are a lot of sales that. You know that they got people to -- it wouldn't have bought anyway people those old cars that may have bought another used cars and instead bought -- new cars so. They don't see that is something bad they do see it as a stimulus I think if we look here we're via. We're in the ground floor of the -- world headquarters if you look at family just came up say this is all of the new GM. To wait ten brands and build models and you know. There's a fair bit of interest in it. And you know I've got into it you're at least take on that as well. Especially given the fact I think these GM numbers are going to be very good it may be -- got -- somebody who's talked to about the numbers as well. I think -- numbers for -- ever going to be very good particularly the core brands."

" Jeremy he responded. Kara I think pentium the slightly different story than porn they aren't they and get some new products that equinox -- as an example doing very well. But unlike -- they also have some of the larger vehicles that are still 2009. As an appointment having incentives on those so there's some real deals. And GM dealers right now you're not seeing out of formulas I think that's another reason why we are going to see NI -- market share for him."

" Us hey Jeremy I'm fascinated by Ford at other have been introduced that beautiful retro. Mustang a couple of years back which I adore him can you give us. 2.2 or three things that they've done that had that -- a enabled them to set them apart from Chrysler and GM in recent years."

" I think we're going to find both GM and Ford have some good numbers this month Chrysler's right now is going to laggard it. Really surprised -- any other than cutting costs managing expenses what they've done is really focus on the fundamentals of the business and that's brand vehicles and that people like in the forest is a great example letting go through the product line there. Now they haven't brought out not a long time."

" Have they focused on the hybrids. And in looking into the more fuel efficient cars."

" Does that kind of I think Clinton. Yeah I think that's one of the shifts and how long has really emphasized and I believe I'm not mistaken they're actually the number to -- its -- in the states and Iran after toyotas in the picked up went sales in terms of hybrids."

" Robert even looking at the numbers we've gotten so far today overall from the industry how the forecast looking for the for the rest of the year November December."

" Well you know they're not some -- expected to pick up here you know that the pace of those sales for the year and what they -- I'm curious about the image in the gasoline prices we saw that. Price yesterday highest since October of last year producing gasoline prices ticking back up and you look in this sudden these numbers -- what you're seeing at least early on again. -- the suvs are performing well but also a hit to the F series was that a surprise to you because that is where -- bestselling vehicles in the U us."

" Jeremy says you have to Chrysler numbers and Jeff Flock to and as a as a result of your prediction of Chrysler down 33%. Are negative media out liar if GM -- Jeff is saying is going to have good numbers we now know -- good numbers. What's going on at Chrysler. When I Chrysler's."

" In Iraq while -- actually it's ironic that they're actually announcing. The details of their turnaround plan tomorrow so I think we only be paying attention to what the -- elements of that plan are. But they aren't hasn't been down on here I mean this is actually less now than they were earlier this -- they were down 40% -- over here -- got that obviously a lot of ground to catch up."

" Rob obviously this affects the markets affects the economy Consumer Spending two thirds of our economy what do you make people were saying to answer why I think it's obviously good news Cheryl but I I think the natural question is is is fast it is -- signaling an auto turnaround. And I think it's little premature for that but I I don't want to rain on the parade it's it's definitely good news. But I think we have to get a little more evidence on that I -- I affected a lot vehicle sales Johnson I got backed up and it very interesting that we are saying a consumer ship -- ship it is and look at what gas prices but have you ever seen the Ford Expedition. It's as big as the studio. It is gigantic so it's hardly surprising that people -- it's just common sense trust last Jeremy about you know -- having gotten out ahead a little bit maybe a couple of years ahead on these hybrids and smaller vehicles. And we're -- paying off this Blanchett for -- crossover sales up 23%. For."

" Except that Ford is -- take you so much -- up and honest ourselves number of Robert -- Jeff flock of course and Germany walked from Edmunds dot com thank you."