GM (GM), Chrysler Lead U.S. Sales Charge in June (F) (TM)

General Motors (NYSE: GM) is positive today following stronger-than-expected U.S. auto sales for June, leading its peers in the process.

Earlier this morning, the company reported a 1 percent gain in U.S. sales last month, while consensus views were looking for a drop of 6.3 percent. Ford Motor (NYSE: F) posted a 5.8 percent drop in sales, though the Street was expecting a 6.6 percent drop.

Chrysler Group sales rose 9.2 percent last month, while expectations were only for a 5.9 percent gain.

Toyota (NYSE: TM) sale increased 3.3 percent, less than the 3.5 percent expected. One spokesperson for the company said, Sales in the first half of 2014 indicate a steadily recovering industry, and we expect this pace to increase as we move into the second part of the year ... In June, Camry and Corolla posted double-digit gains as passenger cars showed renewed strength industrywide.

Analysts are currently looking for sales in 2014 at a seasonally-adjusted annual rate (SAAR) of 16.3 million. GM is modeling a light-vehicle selling rate at 16.6 million, while Chrysler and Ford are at 17.0 million. That data is expected out Tuesday afternoon.

GM and Toyota are positive Tuesday, while Ford shares are slumping.

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