The cooling off of the U.S. auto market wasn’t immediately and universally addressed via a production slowdown, but as year-over-year sales losses piled up, automakers began to get in line. Downtime rose, shifts were cut, and the country’s bloated new car inventory began to thin.
August brought the trimmest number of unsold vehicles seen in the past year, but that doesn’t mean they’ll be flying off lots. (Read More…)
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