U.S. auto sales to hit new 2003 high in August

Newswire

By Michael Ellis DETROIT, Aug 28 (Reuters) - Record high gasoline prices and the blackout that darkened much of the eastern United States did little to dim U.S. new vehicle sales in August, which are expected to hit their strongest level of the year. Steve Lyons, the head of Ford Motor Co.'s Ford division, said on Thursday that U.S. new car and light truck sales could hit a seasonally adjusted annual rate of 18.2 million to 18.7 million in August, far above July's strong rate of 17.2 ...

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