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U.S. Auto Sales Drop 15.5%
16th November 2008
Falling gasoline prices didn’t seem to help automakers avert the downturn as U.S. light vehicle sales plunged for a tenth consecutive month in August. Overall sales for the month were 1.25 million vehicles, down a hefty 15.5 percent from August 2007 while for the first eight months of the year, sales are down 11.2 percent to 9.8 million vehicles, according to Autodata Corp.
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