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Ford, GM, Hyundai US sales dip, may drag industry down

Car dealership photo
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Ford, General Motors and Hyundai say U.S. sales drops last month, apparently dragging the industry to its sixth straight month of declining numbers as auto sales slow from last year's record pace.

Ford says its sales declined 5.1 percent, while GM was off 4.7 percent. Korean automaker Hyundai says its sales dropped 19.2 percent.

Analysts are predicting an overall June drop of more than 2 percent when all the numbers come in today, even though Toyota, Nissan and Honda each report small sales gains.

If June sales fall as expected, sales for the first half of the year would be down for the first time since the financial crisis in 2009.