(June 29, 2015) IRVINE, Calif. — New-vehicle sales are expected to increase 5.8 percent year-over-year to a total of 1.5 million units in June, resulting in an estimated 17.4 million seasonally adjusted annual rate (SAAR), according to Kelley Blue Book.
"With another month of new-car sales growth in June, the 16th in a row, the auto industry continues its incredibly strong momentum. With a 17.4 million projected SAAR for June, it would mark the third month above 17 million out of the past four months," said Alec Gutierrez, senior analyst for Kelley Blue Book. "However, heading into the summer months, sales should flatten out at a more sustainable pace."