Deals seen boosting July U.S. auto sales

Newswire

By Justin Hyde DETROIT, July 26 (Reuters) - Between interest-free loans of up to five years and cash rebates as high as $7,000, automakers appear to have kept their U.S. sales running at a healthy rate in July, albeit at a high price to their profits. While industry analysts' predictions for sales results vary widely, the average forecast calls for a seasonally adjusted annual rate of 17.3 million vehicles in July, with an increase in volume over July 2001 of a few percent. And all ...

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