Comment on June auto sales fail to pick up speed

June auto sales fail to pick up speed

A second consecutive month of sluggish auto sales is blamed on inventory problems linked to the Japan earthquake and consumer wariness about price increases. GM, Ford, Volkswagen and Nissan show gains; Subaru sales fall.June turned out to be a second consecutive month of lackluster auto sales as dealers dealt with inventory issues caused by the Japanese earthquake and buyers balked at recent price increases.

 

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