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* USA - TRUCKMAKERS NEWS: Increased prices and greater profitability
* Illinois -Auto sales speed up: Chrysler, Ford race to best June since crisis
Belvidere,ILL,USA -Forbes -2 July 2013: -- The auto industry’s recovery continued to show signs of solidifying last month, as car makers reported high sales driven mostly by truck purchases... Trucks led the way. Ford’s F-series sales increased by 19.9% from a year earlier, while Chrysler showed a 23% increase in sales of its Ram trucks. At General Motors, trucks increased 8%... Across the auto industry, numbers from the major car makers–General Motors and Nissan Motor will also report today–are likely to highlight increased prices and greater profitability. Lower interest rates, credit availability and increased home construction are creating a boom time for the auto makers, and it doesn’t seem as if high gas prices and uncertainty in the financial markets are hurting... Across the industry, analysts expect a 6.9% increase in car sales last month, with 1.37 million new cars and truck sold...
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