Detroit's Big 3 automakers reported strong sales gains in June, compared to the same month a year ago.
Ford reported a 13% driven by a 24% jump for the profitable F-150 pickups, Chrysler Group said sales were up 8% (its 39th consecutive monthly sales gain) and GM rose 6%.
Ford said that the sales pace was so strong that if it were extended over the entire year, adjusting seasonally, the industry would crack the critical 16-million sales barrier for the first time since 2007.
Meanwhile, Kelly Blue Book estimates that June car and truck buyers overall spent more for their new vehicles, too -- up 1% to an average out-the-door transaction price of $31,663 -- with Ford a big gainer.
Source
USA Today