New-Car Sales Expected to Improve
June 26, 2013—New-car sales are expected to increase 6 percent in June to a total of 1.36 million vehicles, according to Kelley Blue Book.
Adjusting for one less selling day this June, that accounts for a 10.1 percent year-over-year gain.
The seasonally adjusted annual rate (SAAR) for June 2013 is 15.5 million, which is the highest SAAR since November 2012.
New-car sales are up nearly 7 percent compared to the first half of last year.