US auto sales rose to a seasonally adjusted annualized rate of 17.1 million, just below expectations.
Analysts had estimate that they sold vehicles at an annualized rate of 17.2 million, down from 17.71 million in May according to Bloomberg.
The big US auto manufacturers announced their sales numbers for June throughout the day.
Nissan led the month, and Chrysler crushed Ford for the first time ever.
Here’s the updated scoreboard:
- Fiat Chrysler: +8.2% (9.9% expected)
- Nissan: +13.3% (+11.8% expected)
- Ford: +1.5% (+2.3% expected)
- GM: -3% (+3% expected)
- Honda: +4.2% (+7.1% expected)
- Toyota: +4.1% (+3.3 expected)
- Volkswagen US: (+5.6%)
- Mercedes Benz: (+6.4%)
- BMW: (+7.8%)
In April, Ford, Fiat Chrysler, Toyota, and Nissan all reported growth but missed expectations.