Aug
4th
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It's a mid-summer malaise for most.
The stagnant economy and continuing supply difficulties for some key Japanese players made July a torpid month for new-car sales. Deliveries were up by only 1% versus 2010, compared to 7% in June. Stubbornly high unemployment may have kept individuals out of dealerships, and general economic anxiety -- highlighted by the debt-ceiling circus -- may have reduced buying by businesses, hurting pickup sales.
Photo Gallery: July 2011 Auto Sales - Automobile Magazine