02 July 2013 22:31 [Source: ICIS news]
Year-to-date, sales are up 7.7% to 7.83m cars and light trucks from 7.27m units, said the consultancy, which is located in Franklin Lakes, New Jersey.
The figures represent the single best month of auto sales since 2007 and a 16m unit annual rate. Just a few months ago, analysts were only expecting US automakers to sell about 15.5m units. If the auto industry keeps going at this pace, it will be its best year since 2007, analysts said.
Ford posted the biggest gain among
GM and Chrysler posted June sales gains of 6.5% and 8.2%, respectively, according to Autodata. Among the foreign nameplates, Nissan reported that its June sales were up by 12.9%, while Honda said sales climbed by 9.7%. Toyota's June sales were 9.8% higher from a year ago, while Volkswagen's sales dropped by 0.3%. Small-volume producers BMW reported June sales were up 21.4%, while Subaru's June sales climbed 41.6% from a year ago.
Automakers and several industry analysts said June sales were fuelled by a recovering
The American Chemistry Council (ACC) estimates that each automobile contains an average of $3,297 (€2,539) worth of chemicals, such as acrylonitrile-butadiene-styrene (ABS), nylon, polycarbonate (PC) and others.
($1 = €0.77)
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