U.S. Auto Market `Most Competitive,' Schuster Says

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Aug. 1 (Bloomberg) -- Jeffrey Schuster, an analyst at LMC Automotive, talks about U.S. auto sales in July, the psychology of the American consumer and the importance of the redesigned Jeep Cherokee to Chrysler Group LLC. All three major U.S. automakers saw July sales increase by double-digit percentages over July 2012 while still falling short of analysts' estimates. Schuster speaks with Sara Eisen and Erik Schatzker on Bloomberg Television's "Market Makers." (Source: Bloomberg)

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