US auto retail sales slowed in late June-J.D. Power

Newswire

DETROIT, June 30 (Reuters) - New-car retail sales in the U.S. market cooled in the third week of June from the stronger pace of the first two weeks, a top industry consulting firm said on Thursday. The June retail sales rate, adjusted for an annual figure, is expected to come in below 9.8 million vehicles sold, but still nearly 500,000 vehicles better than May, according to J.D. Power and Associates, which tracks real-time transaction sales data from more than 8,900 U.S. auto dealers. ...

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