GM, Ford, Chrysler, Toyota, Nissan See Auto Sales Zoom In July

Source: LA TIMES

Automakers posted one of the best months in years for auto sales in July, with General Motors, Ford, Chrysler, Toyota and Nissan all reporting big gains.

By the time all the numbers are tallied Friday, automakers are expected to have sold around 1.5 million vehicles in July, up about 10% from the same month a year earlier, according to industry analysts.

General Motors Co. said it sold 256,160 vehicles in the U.S. last month, a 9% increase from a year ago. It was GM’s best July sales total since 2007.

“American families feel better about the economy than they have in a long time,” Kurt McNeil, GM’s U.S. sales chief, said Friday.

Read more: http://www.latimes.com/business/autos/la-fi-hy-july-auto-sales-gm-ford-toyota-20140731-story.html