Iraq War seen slowing U.S. auto sales

Newswire

By Justin Hyde DETROIT, March 20 (Reuters) - U.S. automakers are bracing for the dreaded "CNN effect" -- the period when world events keep Americans glued to their televisions instead of out shopping for new cars and trucks. With the start of U.S.-led war in Iraq, automakers and industry analysts expect a sales slump similar to what happened during the 1991 Gulf War. Since most auto sales happen at the end of a month, industry analysts say it is too early to make a definitive forecast ...

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