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Car Sales Stop Short of Estimates in July

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Car Sales Stop Short of Estimates in July
AIRED:
June was a hard act to follow for auto sales. Sales at Ford and Chrysler rose 11 percent from a year ago, GM sales rose 16 percent. All three posted their best month since 2006, though ambitious expectations were for even more. Demand for higher priced and higher profit margin pickup trucks remained strong for a second straight month. Efraim Levy of S&P Capital IQ says that's thanks to the housing boom.moreless
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