June an abysmal month for sales

Turnaround isn’t likely until industry can adapt to new market demands — and that may take some time

By Bill Vlasic / The Bulletin
July 2, 2008

DETROIT — Sales of new cars and trucks plunged to their lowest level in more than a decade in June, as high gas prices and a weak economy kept American consumers away from dealer showrooms.

With the drop last month of more than 18 percent, automakers now expect to sell well below 15....

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