U.S. sales are expected to drift back down to a more realistic level in August, following July’s spike to a 17.3 million-unit seasonally adjusted annual rate (SAAR). July’s SAAR was a 7-month high and largely due to a sudden uptick in sales at General Motors Corp. that lifted its market share by 2.5 percentage points above normal. GM’s August market share should dip closer to its first-half level of 27.6%. But there is some momentum carrying forward into August from July, and Ward's is ...
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