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Tuesday, February 2, 2010

Auto Sales Mixed, but Sluggish

Calculated Risk details (bold mine):

This is the lowest level since October and below the levels of last July. Obviously sales were boosted significantly by the "Cash-for-clunkers" program in August and some in July (this relates to this historical chart).

The current level of sales are still very low, and are still below the lowest point for the '90/'91 recession (even with a larger population).

Source: Autoblog