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Michigan economy continues to get a boost from surging auto sales

The big three all score double digit domestic sales hikes, but the numbers from Europe are a drag on the bottom line.
The big three all score double digit domestic sales hikes, but the numbers from Europe are a drag on the bottom line.

Good news for Michigan and the economy in general.  Auto sales are surging.  Ford Motor Company's U.S. sales grew 13% last month compared with a year ago, marking Ford's best June sales results since 2006.  Chrysler Group saw an 8% U.S. sales increase in June over last year.  That's the auto group’s best June since 2007.  General Motors sales rose 6.5% June over June to their highest level since 2008.  Toyota reported a 10% increase year over year, while Nissan's June sales rose 13% over last June.

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