WHAT'S UP-For Big 3 Sales, July Takes Back Seat to 2nd Half

Newswire

By Chris Sanders NEW YORK, July 31 (Reuters) - Don't be surprised to see the Big Three automakers lower production forecasts for the rest of the year in light of soaring gasoline prices, slowing economic growth, and the sorry state of affairs in the automobile industry. Investors already expect General Motors Corp. , Ford Motor Co. and DaimlerChrysler to report major drops in sales for July when they report on Tuesday, thanks mostly to tough comparisons with heady sales last year at the ...

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