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7th
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Signs of a summer slowdown.
After a very encouraging May, auto sales swooned in June. The month of June is traditionally a bit slow, but this year was even slower than usual. Adjusting for the usually monthly variation, June's sales figure translates to an annual rate of 11.1 million units, which is weaker than we saw in March, April, or May. Still, overall industry sales were up 14% over the pathetic figures for June 2009.
Photo Gallery: June 2010 Auto Sales - Automobile Magazine