J.D. Power Says Things Are Becoming Less Terrible

car sales

car sales

Richard Read Richard Read Reporter
July 24, 2009
car sales

car sales

Vaguely good news from J.D. Power and Associates this morning: car sales are slightly less abysmal! To be sure, retail sales are down from 2008, and July 2009 retail sales are on-track to clock in 4% below June. However, fleet sales are up, so everything balances out, and the seasonally adjusted annualized rate remains at a low-but-manageable 10 million units. At least that's what we think J.D. is saying. You know, math is hard. [PRNewswire]

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