74
      Thursday
      87 / 65
      Friday
      86 / 67
      Saturday
      88 / 68

      Auto sales surge in June

      New figures released Tuesday show Americans are buying new cars and trucks at a pace that has not been seen since before the recession.

      Ford says its June sales rose 14%.

      Chrysler's sales increased 8%.

      General Motors saw a gain of 6.5%.

      The Toledo built Jeep Wrangler had a huge June as well, posting a 12% compared to last June.

      Analysts say they don't see much that could slow the sales momentum of the first six months of the year.

      Factors that helped spur sales -- including low interest rates, wider credit availability and rising home construction -- are likely to remain in place. And demand hasn't been dampened so far by hiccups in the stock market, or by higher taxes and fluctuating gas prices.