GM, Ford June sales rise as gas prices fall

By Tom Krisher

Associated Press

Published: Friday, July 1 2011 11:41 a.m. MDT

The industry began June with a 30-day supply of compact and subcompact cars, and inventory has only gotten tighter since then, Ford's top U.S. sales analyst George Pipas said. That compares to a 51-day supply of all cars and trucks.

Pipas said that instead of moving into mid-size cars, small-car shoppers are simply waiting. Both Honda Motor Co. and Toyota Motor Corp. have said they expect their North American production to be at near-normal levels by late summer, and more cars will get to dealerships soon after that.

Other automakers reporting Friday:

— Volkswagen AG said its U.S. sales rose 35 percent in June on strong demand for its Jetta midsize sedan and other models.

— Nissan said sales rose 11.4 percent on strong demand for smaller vehicles. Sentra compact car sales rose nearly 31 percent.

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