As has been the case for a while, more consumers (excluding rental and fleet sales) bought import brand vehicles than American-brand vehicles in July (note to Mike: Your statement that more buy American cars than imports has been wrong for a while). For the first time ever, including rental and fleet sale, more import brand vehicles were sold than American vehicles.
Ford, GM and Chrysler all sold fewer vehicles this year in July than last.
Toyota and Honda each sold fewer cars, too, about 7% fewer.
I guess the high fuel prices and the mortgage situation are at least partly to blame.
Jeff