NEW YORK ( TheStreet) -- Automakers have been revving up sales in 2013, Efraim Levy, senior equity analyst at S&P Capital IQ, told TheStreet's Gregg Greenberg Wednesday.Ford (F) recorded an increase in June sales of 13.4%, higher than the 11.7% expected by Wall Street. Why the jump? Mainly, pickup trucks, Levy said.
Quick Take: Pickups Drive June Auto Sales
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.