June2009CarSales


REPORT: Analysts suggest new vehicles sales could rebound to 10M pace in June

June auto sales will no doubt be ugly. In all likelihood, the sixth month of the year will be the 24th month in the past 25 to see a year-over-year sales decline. June could also bring a bit of good news, though, as an Automotive News poll of nine different industry analysts shows that sales may hit an annualized rate of 10 million, up from the 9.1-9.9 levels of previous months this year. The slight pickup in June sales verses May numbers would suggest that the market for new cars and trucks has likely bottomed out. Edmunds predicts that the ... Read more →

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