June Auto & Truck Sales

Auto & Truck Sales fell to a seasonally adjusted 13.2 million last month,

down 16% from 15.7 million a year ago and the lowest since March 1993.

Ford -28%; cars -12%; trucks -38%; suv's -55%. GM -19%; Toyota -21%; Nissan -18%; Honda +1%; Chrysler forecast a -25% decline.

GM heading toward its ninth straight annual U.S. sales decline and third consecutive annual multi billion dollar loss...

announced plans on June 23 to reduce North American truck production by another 170,000 vehicles.

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