US car sales continue to crumble, down again in July – Los Angeles Times

The economy is growing and unemployment is low, but consumers continue to shy away from new cars.

For the seventh month in a row, U.S. car sales continued to decline.

The only real bright spot is trucks and SUVs — which are continuing to sell fairly well — but even those purchases are slowing.

The big problem for automakers is sedans, which are “dragging everything down,” especially at Ford and General Motors, said Brian Moody, an analyst at Autotrader.

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