Aug. auto sales expected to fall (Investor's Business Daily)

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Investor's Business Daily - Vehicle sales will likely be 18% lower this month than a year ago, when they were boosted by the federal Cash for Clunkers stimulus program, according to auto Web site Edmunds.com. It estimated that the industry will sell roughly 1.03 mil units in Aug. Five of the six top automakers are projected to report decreases this month, with Chrysler seen as the lone exception.

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