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Automobile sales drop for month to 28-year low predicted
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Automobile sales drop for month to 28-year low predicted
BLOOMBERG NEWS SOUTHFIELD, Mich. – Auto sales in August probably were the slowest for the month in 28 years as model-year closeout deals failed to entice buyers. Industrywide deliveries, to be released Wednesday, may have reached an annualized rate of 11.6 million vehicles last month, the average of eight analysts’ estimates compiled by Bloomberg. That would be the slowest since 1982, according …
