June auto sales are rebounding quickly enough, J.D. Power says, that the firm now sees a...

|By:, SA News Editor

June auto sales are rebounding quickly enough, J.D. Power says, that the firm now sees a seasonally adjusted annual rate (SAAR) of 9.9M vehicles, up from May's 9.3M and tied to a retail sales recovery. Neither a parts shortage nor gas prices have turned out as bad as expected. GM -0.4%; F -1.4%; FIATY.PK -4.1%; TM +0.6%; HMC +1.7%.