US June auto sales on pace for best showing since Dec '07-study

Newswire

DETROIT, June 21 (Reuters) - June auto sales are on track for their best month since before the 2008-2009 sales plunge that helped lead to bankruptcies for two of the three top U.S. automakers, two leading forecasters said on Friday. J.D. Power and LMC Automotive said June sales will show a seasonally adjusted annualized rate of 15.7 million vehicles sold, up 7.6 percent from a year ago and the best showing since December 2007. "There is little question that the ...

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