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Auto sales decline to 28-year lows

<strong>DETROIT. </strong>General Motors&nbsp; and Ford reported sales declines that exceeded analysts’ expectations as the U.S. auto industry headed for its worst August in 28 years. Chrysler Group LLC deliveries rose more than expected.

DETROIT. General Motors and Ford reported sales declines that
exceeded analysts’ expectations as the U.S. auto industry headed for
its worst August in 28 years. Chrysler Group LLC deliveries rose more
than expected.


U.S. auto sales last month were the slowest for August in 28 years as model-year closeout deals failed to entice consumers concerned about the economy and their jobs.

 
 
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