When auto sales come out today, it's likely there won't be a big rebound, as confidence sank and prospects dimmed for faster economic growth. Fourteen analysts surveyed by Bloomberg said the pace of
12.5 million in the first half slowed to 12.2 million in July. The August 2010 rate was 11.5 million, according to Autodata Corp.
A data analysis by California-based Edmunds.com said
gas prices are seeing an uptick in compact cars. Edmunds.com's data shows that consumers paid about 10% more for used three-year-old compact cars in July than in January. But used three-year-old large
traditional SUVs saw about a 3.2% drop in price from January to July.
Read the whole story at The Detroit News »