[jyl]

Wow.

Chrysler June sales -36% year-over-year
GM -18%, w/ big discounting
Toyota -21%
Ford -28%, SUVs down over -50%
Nissan -18%
Honda -1%

Its not just the SUVs and pickup trucks. The car sales are down a lot too.

Media says its because insufficient supplies of the smaller/fuel-efficient cars. That's part of it - Toyota for one is short of Priuses and is reportedly diverting some to Canada, preferring the Canadian dollar.

But it can't all be the shortage of cars.

We're seeing credit tightening at work, IMO. Consumer finance is much less available, and rates are higher. And weak economy leaves fewer credit-worthy consumers.