Analysis Auto makers in the U.S. sold 1,046,577 light vehicles in July, suggesting a slow rate of economic recovery despite year-over-year and month-to-month gains. July volume was the third-highest of any month this year, but the daily sales rate (calculated over 27 days) was only the fourth-best of 2010. Compared with year-ago’s climate, marked by post-bankruptcy doldrums at General Motors Co. and Chrysler Group LLC and the launch of the “Cash for Clunkers” incentive program, ...

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