July U.S. vehicle sales are rolling in, and the Detroit’s “Big Three” all missed expectations despite posting gains.
Ford sales climbed 11% from the month a year ago, weaker than the 17% expected. Sales were aided by a 22.6% increase in the Ford F-Series pickups
Chrysler sales also rose 11%, below the 16% estimate. Though, it was the group’s best July since 2006 (and the 40th consecutive month of sales growth).