The U.S. sales drought auto makers experienced in July likely will persist throughout August, but mitigating factors are at work as well. Historically, the rate of vehicle deliveries from July to August drops, plus economic factors such as high fuel prices continue to keep customers at bay. A Ward’s forecast shows U.S. light-vehicle sales in August could fall as low as 1,386,159 units, a 6.5% drop from last year’s 1,482,552, with 27 selling days in both years. The forecast August ...
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