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GM Joins Ford With Surprisingly Robust June Auto Sales

InTheLight

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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.
 
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