News Summary: US auto sales up 9 pct. in June

AP News
|
Posted: Jul 02, 2013 5:36 PM

JUNE SALES: U.S. auto sales rose 9 percent over last June to 1.4 million. Sales in the first six months topped 7.8 million, the best first half since 2007.

HOT SELLERS: Pickup trucks are the strongest sellers right now, as small businesses replenish their fleets. Full-size pickup sales rose 24 percent in June. Small and subcompact car sales were also solid sellers, up 16 percent in June.

Recommended
What Does Female Empowerment Mean?
Dennis Prager

OUTLOOK: Analysts say the outlook for the rest of the year is strong. Low interest rates, wider credit availability and enticing new cars and trucks will all continue to fuel sales.