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June Sales Rise 14%

U.S. sales advance 14% in June amid signs of slowdown

Staff and wire reports

Automotive NewsJuly 1, 2010 – 10:51 am ET

UPDATED: 7/1/10 3:27 p.m. ET

U.S. light-vehicle sales rose 14 percent in June, with major automakers posting some of their smallest gains of the year amid signs of sagging consumer confidence and a cloudier economic outlook.

Ford Motor Co.‘s 13 percent advance from June 2009 was its smallest monthly increase since November. General Motors Co. recorded an 11 percent increase, its second-smallest in the year’s first half. Industry sales on a seasonally adjusted annual basis were 11.1 million, the lowest since February.

Read more: http://www.autonews.com/apps/pbcs.dll/article?AID=/20100701/RETAIL01/100709995/1448#ixzz0sSj8EPjq

John Paul Strong

John Paul Strong combines his two decades of automotive marketing experience with a team of more than 140 professionals as owner and CEO of Strong Automotive.

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