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July U.S. Auto Sales Are UP; Full-Year Forecast Drops Slightly

Aug 03, 2016

July 2016 auto sales rose 2.4% compared to July 2015, but J.D. Power and LMC Automotive predict that full-year sales will drop slightly. LMC now predicts that 2016 sales will reach 17.4 million new vehicles, down 0.1% from 2015. It would be the first annual decline in U.S auto sales since 2009.