June Automobile Sales Set Strong Pace

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U.S. automobile sales continued at a strong pace in June, putting the industry on track for its highest-selling year since 2007, Bloomberg reported.

Sales ran at a 14.1 million seasonally adjusted annual rate, up from 13.8 million in May, Bloomberg said, citing Autodata Corp. figures.

Toyota Motor Corp. and Honda Motor Co. led the industry with June gains of 60% and 49%, respectively, Bloomberg reported.

Chrysler’s sales jumped 20% as the company posted its best June sales in five years, and Volkswagen AG is on track for its best U.S. sales year since 1973, the Associated Press reported.

General Motors Co.’s sales rose 16%, while Ford Motor Co.’s rose 7%. The two U.S. automakers’ fleet sales accounted for about a third of their sales.

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November Automobile Sales Increase

Chrysler Group LLC and Nissan Motor Co. led automakers in U.S. November sales gains as the industry headed for its best sales pace this year, Bloomberg reported.

Chrysler’s deliveries rose 45% to 107,172 cars and light trucks, while Nissan’s sales gained 19% to 85,182, Bloomberg said.

Ford Motor Co. deliveries rose 13% to 166,441, and General Motors Co. sales increased 6.9% to 180,402 for the month.

U.S. light-vehicle sales were on track to exceed a 13 million annual rate for a third straight month as Toyota Motor Corp. and Honda Motor Co. inventories recover from Japan’s tsunami in March, which disrupted auto-parts supply and vehicle output, Bloomberg said.

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