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Re: GM July sales down 26.7%
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Originally Posted by pontiacjs
only down 26% for July is going to be great news compared to how bad August will be.
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Well..... who knows...... the trend line is heading south.
Again, way faster than predicted ( for this time period ) - by almost all - for the last 9 months.
http://www.reuters.com/article/marke...0080801?rpc=44
Quote:
DETROIT, Aug 1 (Reuters) - U.S. auto sales were running at a seasonally adjusted annual rate of about 12.7 million units in July, based on a calculation by Reuters from sales data released on Friday by automakers representing over 80 percent of the market.
The seasonally adjusted annual rate, or SAAR, is a closely tracked indicator of auto industry demand.
Sales results included the top six automakers in the U.S. market:
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Late add - its worse - more like 12.55 million for JULY 2008'S SAAR.
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Last edited by AMERICA 123 : 08-01-2008 at 10:18 PM.
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