America Keeps On Truckin' To Detroit's Delight

It's becoming increasingly clear that the long-awaited upswing in domestic auto sales is still hanging fire. Although demand perked up slightly in June and July, as fleet purchases accelerated temporarily, sales of domestically produced cars in early August slowed to a 5.7 million-unit annual rate. That's not only their worst showing since mid-January but also below their sluggish pace in the same period a year earlier.

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