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From the Detroit Free Press

Americans bought new cars and trucks in June at the fastest pace in eight years, attracted by easy credit and the need to replace aging vehicles, while a record wave of recalls by General Motors had scant impact on the company’s sales.

Total U.S. auto sales rose 1.2% in June to 1.4 million, which may sound like a modest increase.

But consider this: There were only four weekends in June compared to the same month a year ago.

When the selling rate is adjusted to a daily basis, sales rose 9% for the month. And that translates into an annual selling rate of 17 million — the highest rate since July 2006, according to Autodata. READ MORE


Tags: Chat, Chrysler, Ford, GM, Live Chat, SAR, auto sales, car sales

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