File - A Chevrolet Cruze Eco is displayed at the General Motors headquarters April 1, 2014 in Detroit, Michigan. Joshua Lott/Getty Images/AFP
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Shares of U.S. automakers may finally be able to accelerate.Estimated sales of 1.6 million new cars and trucks in May would make for a seasonally adjusted annual rate of 17.4 million vehicles, according to Edmunds.com, a car buying platform.Kudla sees May sales approaching $40 billion, not far from the $40.3 billion record in August 2014 .Both GM and Ford appear undervalued at current levels.Despite that, shares of Ford are down 1.7 percent in 2015, underperforming the S&P's 2.6 percent rise.
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