US auto sales continue monthly recovery in August, but fall on year: analysts

摘要

US automotive sales in August slid over 10% from the same period last year, but buying activity showed signs of recovery on a monthly basis, according to industry consultants. Industry analyst Cox Automotive said sales reached a seasonally-adjusted annual rate (SAAR) of 15.2 million units in August, rising from an SAAR of 14.6 million units in July, according to a newsletter Sept. 9.