Despite an industry in turmoil, U.S. auto makers in August restored some balance by securing 52.0% of the domestic market to edge out the foreign competition’s 48.0%. U.S. light-vehicle sales in the month totaled 1,472,808 units, falling just 0.7% short of year-ago’s 1,482,552 based on a daily selling rate of 54,548. The slight sales decline was not nearly as bad as expected, especially in light of a 7-point drop in consumer confidence in August, marking the biggest month-on-month ...
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