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Foreign Brands Show Hope for First 2019 Gain: Auto Sales Update

Views of New and Used Honda Vehicles at a Dealership

Photographer: Victor J. Blue/Bloomberg

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The sputtering U.S. auto market finally may have gotten into gear in July, with several foreign brands’ positive sales numbers lending credence to predictions the industry would register its first monthly gain of the year.

While those initial reports from July are upbeat, the enthusiasm from car-market researcher Edmunds is tempered at best. Automakers and their dealers had one more selling day last month than a year ago, leading analysts to caution that “this is not the first sign of a turnaround.”