GM Joins Ford With Surprisingly Robust June Auto Sales

General Motors Co. (GM:US) surprised investors with a U.S. sales gain after analysts projected a decline in June. Ford Motor Co. (F:US), Chrysler Group LLC and Nissan Motor Co. beat estimates in what’s shaping up to be a big month for the industry.

GM’s sales rose 1 percent, beating the average analysts’ estimates for a 6.3 percent decline last month. Chrysler’s deliveries rose 9.2 percent in June, the company’s 51st consecutive monthly increase.

 

Recalls are extremely embarrassing, but people keep buying their stuff. Maybe consumers are getting the impression that GM is doing something about their problems? It's weird.