03/09/2008 23:24. “AP NEW YORK (AP) - The auto manufacturers are expected to release their August sales numbers today. Analysts generally expect sales to be down from a” // WJTV

01/09/2008 20:01. NEW YORK -- With gas prices still near record highs, the overall economy in a slump and continued trouble in the credit markets, just about everybody expects August vehicle sales to be down significantly from a year ago.

But analysts say Augusts numbers probably wont be as bad as Julys record lows, mainly because of General Motors Corp.s late-month employee pricing offer.

Jeff Schuster, executive director of global forecasting for J.D. Power and Associates, said he expects Augusts seasonally adjusted annual sales rate to be a little over 13 million when automakers release their monthly sales data Wednesday. That compares with 16.2 million in August 2007.

The rate, known as SAAR, indicates what sales would be for the full year if they remained at the months pace all year,... // Chicago Sun-Times

Total: 12 news articles
First News Article: MSN Money, 30/08/2008 03:21