S&P Expects US Auto Sales to Recover Later This Year, But Still Fall Below 2008 Level
Standard&Poor’s thinks the May slump in US automobile sales is likely a temporary blip, but that full year 2011 sales are still likely to fall below the 2008 level. Light-vehicle sales in the US declined 3.9% from sales in May 2010, as the seasonally adjusted annualized rate (SAAR) of sales came in at 11.8 [...]
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