Tenn. Based Nissan North America Has Best June Ever
DETROIT (AP/WMOT) — Tennessee based Nissan North America says its vehicle sales last month set an all-time record for the month of June.
Headquartered in Franklin, NIssan is one of Tennessee’s largest employers. The company says sales were up 12.9 percent in June over the same month last year.
The nation’s other car makers are also reporting strong sales gains in June.
Chrysler announced Tuesday that its sales rose 8 percent for its best June since 2007.
Ford says U.S. sales rose 13 percent in June, with gains in big pickups as well as small cars.
GM is reporting a more modest gain of 6.5 percent.
Analysts say low interest rates, wider credit availability, rising home construction and hot new vehicles are driving the higher sales.
They note that hiccups in the stock market, higher taxes and fluctuating gas prices have all failed to dampen demand.