US auto sales fell over 25% on the year in June, with July buying activity still facing uncertainty due to market disruptions caused by the coronavirus pandemic, according to industry consultants. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Analysts with Cox Automotive said total June new-vehicle sales were down 27% to a seasonally-adjusted annual rate, or SAAR, of 13 million units compared with June 2019 numbers, according to a July 10 report. June sales were slightly better compared with May, when sales dropped 30.2% on the year to an SAAR of 12.3 million units, but the positive trend may not continue into July, Cox Chief Economist Jonathan Smoke said. “July has not started quite as strongly as June did, and we conclude that July may be a challenge […]

Posted in: USA