U.S. auto sales look strong despite tepid recovery

Newswire

By Justin Hyde DETROIT, Aug 21 (Reuters) - Automakers and auto industry experts see August shaping up as another hot month for U.S. vehicle sales, thanks to interest-free loans and other hefty rebates. But a number of observers are beginning to question how long new vehicle sales, a linchpin that accounts for roughly 10 percent of the U.S. economy, can thrive amid America's tepid economic recovery. A sudden drop in the automotive industry's strength could signal that the wheels of the ...

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