July’s car sales figures are in, and it’s good news. The US car industry – the same industry that Barack Obama praised a few days ago – is back with improved finances and sales.

J.D. Power & Associate is expecting new-vehicle sales to top the one-million mark during July. This is in part due to the new buyer incentives for consumers and improved lease deals.

Tammy Darvish, the owner of a dealership that sells Lexus, Toyota, Nissan and more stated: "I gotta tell you that traffic is up, business is up,"

"At least in my region, we are really getting back into leasing," Ms. Darvish continued to say: "We are able to get customers into vehicles with a payment that is considerably less than what they would be paying for buying a two- or three-year-old used car."