Automotive Industry Records Six Straight Months of Decline

By Keith Spacapan

The Automotive Industry recorded its sixth straight monthly decline in June 2019, a cumulative decrease of 2.4% from the prior year. Still, the seasonally adjusted annual rate (SAAR) exceeded 17 million vehicles over three of the first six months of the year. That number was better than anticipated, which now has some industry analysts second guessing what to expect in the second half of the year.

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