2. Auto sales GROUP G (for Gr-r-reat!!!) –Salem Engler –Aidis Malinauskas –Elizabeth Mallon –Peachie Maher –Robert Patrick II –Jared Smith

3. Introduction The goal of this project was to forecast auto sales based on ARMA and ARCH/GARCH modeling techniques. The data set used: –Light Weight Vehicle Sales: Autos and Light Trucks Auto sales can be used an economic indicator

26. Closing Forecast is relatively flat around 16.5 million units “Speaking at NADA's 86th Annual Convention & Exposition in San Francisco, NADA Chief Economist Paul Taylor projected that new car and light truck sales of 16.5 million in 2003, down from 16.8 million in 2002.”