Auto sales slumped in August to the worst level in more than years. According to data tabulated by Autodata, vehicle sales ran at a 16.1 million seasonally adjusted annual rate, down from 16.8 million in July and the worst since Feb. 2014. Economists polled by MarketWatch had expected a 16.6 million rate. Year-over-year, vehicle sales were down 6.3%.
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From:: Stock Market News