U.S. auto sales seen rebounding in June

Newswire

By Justin Hyde DETROIT, June 28 (Reuters) - U.S. auto sales likely rebounded in June from a surprising slump in May as a boost in incentives lured more buyers to showrooms, industry analysts said this week. Strong June sales would offer reassurance that American consumers are still willing to spend. But another weak month would raise a much stronger warning signal about the health of the industry and the fledgling U.S. economic recovery; auto sales account for roughly 20 percent of U.S. ...

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