Cars and Drivers
New Car Sales Jump in June Thanks to Nissan, Ford and Chrysler
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The seasonally adjusted annual rate of new car sales in the United States is now tallied at 15.5 million, the highest since last November and the highest June rate since 2007.
Here’s a look at the KBB projections by manufacturer:
The vehicle type with the largest year-over-year sales increase is the full-size pickup truck, which is expected to see a sales gain of 18.9% in June, led by sales of the venerable Ford F-150. Sales of compact crossovers such as the Toyota RAV4 and the Ford Escape are forecast to rise by 18%.
Not all is well however. Hyundai-Kia is expected to see a sales decline of 3.6% year over year due to production constraints and new models from competing mid-size cars like the Toyota Camry. Volkswagen sales are slated to rise just 0.3% to 54,000. The German maker’s market share will also fall by 0.2%.
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