Automobile manufacturers reported strong vehicle sales in June despite analysts predictions that the automobile economy is likely to slow for the summer. The average increase for dealership sales was 22% with Toyota and Honda showing the strongest gains. Consumer interest in larger vehicles, such as pickup trucks and sport utility vehicles (SUVs) is being attributed to a sudden drop in the price of fuel, and low interest rates and the release of new models is bringing in consumers who have been delaying purchasing a new vehicle because of lack of confidence in the economy.
Tags: Automotive sales, California Gas Prices, Honda, lemon laws, Los Angeles, Toyota, Video
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