The summer of 2013 has been profitable for the auto industry with credit restrictions on auto loans loosening up and manufacturers keeping their plants open for more weeks to keep up with demand. Now that the summer is almost over, it can now be determined conclusively that July 2013 was a record-breaking month for North American auto makers.

During the month of July, 1,029,745 light vehicles were produced by North American auto makers which is the highest production ever recorded for that month. Broken down by auto maker, General Motors produced 211,946 light vehicles while Ford produced 185,774 units and Chrysler produced 151,051 units.

The auto industry will be eager to keep sales up going into the fall, so expect to see more specials and incentives in the coming months. The great news is, though, that Approved Loan Store is here every day and every month of every year to get customers the best prices and the best terms on their auto loan, even if the person has subprime or no credit. Whatever the make and model, we are here to get the car you want at rates you can afford.

Are you finally ready to get into a great new or used car? Get started today by filling out our secure online auto loan application here, and for more auto news and buying tips, like Approved Loan Store on Facebook, follow Approved Loan Store on Twitter, and subscribe to Approved Loan Store on YouTube!

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