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Nissan Motor Co.

Auto sales strong in July on SUV, luxury demand

Auto sales strong in July on SUV, luxury demand

American drivers want to get noticed again. SUVs and luxury vehicles are selling fast, defying recession-era predictions that Americans would downsize and stop flaunting their wealth. Luxury sales were up 10 percent in the first six months of this year; in the same time period, mass-market vehicle sales rose just 3 percent, according to car shopping site TrueCar.com. That demand drove July's strong U.S. vehicle sales. Sales of new cars and trucks were expected to rise 3 percent to nearly 1.5 million. General Motors and Fiat Chrysler both saw 6 percent sales gains over last July, while Honda and Nissan saw 8 percent gains. Ford's U.S. sales rose 5 percent. Volkswagen sales...

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