PREVIEW-US June auto sales seen showing signs of stability

Newswire

* What: U.S. auto sales for June * When: Wednesday, starting about noon Eastern Time * Median forecast: 9.81 mln unit annualized sales rate * Ford sees 10 mln unit annual rate possible By David Bailey DETROIT, June 30 (Reuters) - Major automakers are expected to report the highest sales rate of 2009 when they post results for June, as deep discounts limit industry-wide results to a 30-percent decline. In the context of the U.S. auto industry, where sales have been slumping for ...

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