Summary
DETROIT - The U.S. auto industry experienced something of a hangover in June after red-hot sales in May, but it was the nation's two largest automakers that were stung hardest.
General Motors Corp. and Ford Motor Co. each posted unexpectedly large double-digit sales declines last month compared with a year ago and continued to lose business to foreign rivals.See the full content of this document
Extract
Gm, Ford Sales for June Plummet
But DaimlerChrysler AG's Chrysler Group, the No. 3 U.S. automaker, rode strong demand for its new Chrysler 300 flagship sedan to a 5.5 percent increase in car sales a...
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