KQEH Nightly Business Report June 4, 2014
Them. Every major american automaker reported sales that were way above estimates and if this keeps up, the industry is on track to sell nearly 17 million vehicles this year. It hasnt seen that many since 2005. Now, the gains were across the board, chrysler sales up 17 , it was helped by surging demand for jeeps. General motors rose 13 . And thats despite recalling millions of cars. And ford had its best may in a decade. Sales were up 3 . Investors likeded what they saw. Gm shares rose more than 1 . Ford also higher today. Phil lebeau has more on why sales were red hot in may and look ahead to...