Chrysler, Toyota, and Nissan report US strong auto sales for June, while Ford and Volkswagen saw US auto sales dip for June. General Motors' auto sales were up 1 percent, despite all of the recalls.
Auto sales soared in May thanks to a strong Memorial Day weekend sales. GM reported its best monthly sales since 2008 despite an ongoing recall crisis, while auto sales for Chrysler shot up 17 percent.
The average gas mileage for American automobiles is getting better, but American car buyers still seem uninterested in trading in their pickup trucks and sport utility vehicles for compact cars.
The US House proposes to base an internet sales tax on the tax rate of a seller's home state. But would that create an unfair advantage to online retailers operating in states without a sales tax?