U.S. auto sales seen climbing in July vs. June

Newswire

By Michael Ellis DETROIT, July 28 (Reuters) - High sales incentives and growing consumer confidence likely boosted U.S. new car and truck sales in July to their strongest levels this year, analysts said. U.S. sales are expected to range between a seasonally adjusted annual rate of 16.7 million to 17.2 million vehicles when automakers report results on Friday, up from 16.4 million in June, according to a survey of analysts by Reuters. However, compared with last July's annual rate of ...

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