Good performance of June raises hope for the second half of 2014

At the end of June, fastest selling speed of new light vehicle raises hope for the second half of 2014. Sale amount of light vehicle in June reached 1.4 million, which leads to the expectation of annual rate of sales between 16.3 million and 16.4 million. Bill Fay, General Manager of Toyota predicted that the second half of the year will be a bit better than that of the first second half and raises its automaker’s 2014 forecast to 16.3 million.

In addition, Chrysler Group, Nissan North America, Hyundai-Kia also saw increase in sales. While for Volkswagen Group of America, the first half of the year is pretty rough.

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