Big auto makers reported U.S. new-vehicle sales declined for the first half of 2019, and full-year sales are expected to fall short of the 17 million mark for the first time since 2014
July 2, 2019 12:14 pm ET
Major auto makers saw U.S. new-vehicle sales slip in the first half of 2019, as higher interest rates and rising car prices dulled demand and sent many buyers to the used-car lot. General Motors Co.’s sales fell 4.2% through June, hurt by weaker sedan sales and tighter inventories of heavy-duty trucks due to a planned factory retooling for newer versions.
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