May car sales decelerate in absence of deals

Question of the Day

Should Congress make English the official language of the U.S.?

View results

Even so, Mr. Johnson thinks consumer confidence over the long term remains strong and sees pent-up demand among drivers who kept their vehicles longer than usual during the recession. He expects sales and incentive spending to rise toward the end of the summer.

“All things considered, we continue to believe the recovery remains on track,” he said.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Comments
blog comments powered by Disqus
TWT Video Picks