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Next victim of mortgage mess: Auto sales.

NEW YORK -- Already-battered U.S. auto sales could be the next victim of the problems with mortgages, declining home and stock prices as potential car buyers delay purchases due to uncertainty. Industrywide U.S. auto sales in August could be off 10 percent from a year ago, according to an early read from sales tracker Edmunds.com. That follows July sales that were 19 percent below year-earlier levels. Honda-Toyota Logo

Next victim of mortgage mess: Auto sales.
xcel, Aug 22, 2007
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