July Auto Sales Look Promising

July 2011 US new vehicle retail sales are projected to come in at 913,900 units, which represents a seasonally adjusted annualized rate (SAAR) of 9.8 million units, according to J.D. Power and Associates estimates. This figure is up 5% from 9.3 million in June 2011 and up 6.5% from 9.2 million in July 2010.
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