* 2001, 2005 promotions suggest 'clunkers' payback * Analysts see more limited decline in sales coming months * Short inventory may translate into higher car prices By Soyoung Kim and David Bailey DETROIT, Aug 24 (Reuters) - For a few frenzied weeks this summer, the U.S. auto industry has been partying like the good old days of 2007 -- before demand dropped off a cliff. Now comes the $3 billion question: with the government "cash for clunkers" incentives exhausted, how bad will the ...
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