Chevrolet

Trucks drive Nissan, FCA, Ford, Honda as industry rebounds with 2.4% gain; GM, Toyota fall

UPDATED: 7/1/16 5:01 pm ET - adds details

Nissan, Ford, FCA and Honda, riding strong truck demand, posted solid sales gains in June as the U.S. auto industry rebounded from a May slump. But the SAAR came in at 16.68 million, well below May's 17.46 million rate and lower than the consensus forecast of 17.2 million. Automakers are counting on low interest rates, stable fuel prices, rising wages and near-full employment to counter some headwinds and continue driving sales in the second half.

GM plans $290 million upgrade for Corvette plant as rumors swirl
UPDATED: 6/24/16 2:02 pm ET - adds link

General Motors plans to spend $290 million on its Corvette plant in Kentucky, just as rumors about GM's plans for the next generation of its iconic

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