U.S. auto sales growth slowed a bit in July, with healthy gains from some manufacturers falling short of expectations, according to early returns from the major carmakers on Friday.
Ford reported a gain of 10 percent to 212,236 vehicles, slightly beating the analysts' average estimate of 9 percent. General Motors said July sales were up 9 percent at 256,160, missing expectations of 11 percent.
Shares of both companies were in the red Friday.
Nissan Motor and Chrysler also failed to sell as many cars and trucks in July as analysts had expected.
Toyota Motor said on Friday that its July U.S. sales rose 12 percent to 215,802 vehicles, topping expectations and finishing above Ford in sales volumes.
Nine analysts surveyed by Reuters expect an 11 percent increase in sales for the industry in July. Growth is expected to show a slight dip to a 16.7 million annualized rate from 17 million in June, according to economists polled by Thomson Reuters.