News Journal

Car sales fall to a 10 year low in U.S.

The hike in oil and gasoline prices affected most the motor companies and the increase in the prices of consumer goods and inflation, showed upon the sale of cars and trucks that fell to a 10 year low.

The economic situation kept the customers away from buying cars and pickup trucks. The sale of Chrysler fell by 36% in June and overall sale was low by 18 %.The automaker companies are expecting a low sale of below 15 million vehicle in the current year.