PREVIEW-US auto sales: bleak, but is it the bottom?


By Soyoung Kim DETROIT, June 27 (Reuters) - U.S. auto sales in June are expected to post a double-digit decline, dropping to a 15-year low as record gas prices killed the market for trucks and SUVs and made it impossible for many drivers to swap out for more fuel-efficient, new cars. Major automakers, including Ford Motor Co and General Motors Corp , and leading dealerships have warned that June sales plummeted and shoppers grew suddenly scarce. Now the urgent question for investors ...

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