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Overall car sales fall in June

DETROIT - Americans' enthusiasm for new cars and trucks cooled in June on worries about the economy, signaling that the auto industry's recovery is far from certain.

GM, Ford and Chrysler said sales of new cars and trucks fell about 11 percent to 12 percent in June from the prior month. Sales at Toyota Motor Corp. slid 14 percent. Hyundai, however, bucked the trend with a slight gain.

People are holding off on big-ticket purchases because they remain anxious about unemployment and home values. Tightfisted consumers could mean a tough summer for automakers, who hope to improve sales after a dismal 2009.

Industrywide auto sales rose 14 percent from June 2009, when the industry was in the depths of its downturn and General Motors and Chrysler were in Chapter 11.

June sales often fall from May, which benefits from big sales over Memorial Day weekend. But this June's decline is much larger than the usual 5 percent, said Jesse Toprak of auto pricing site TrueCar.com.

Hyundai Motor Co. was the sole automaker to post higher month-over-month sales, rising 4 percent and up 35 percent over last June.

Sales at General Motors Co. slid 12 percent from May to 195,000 vehicles.

Ford Motor Co. sales fell 11 percent from May to 171,000, with its popular F-series pickup down 7 percent. But sales rose 15 percent from June 2009.

Other automaker results:

Toyota sales fell nearly 14 percent from May but said they rose 7 percent over June of last year.

Nissan Motor Co. sales dropped 23 percent from May but were up 11 percent from June of last year.

Honda sales slipped 9 percent from May but rose 6 percent over June of last year.

Chrysler Group Llc sales fell 12 percent from May.

- AP

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