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Auto Sales Plummet Nationwide
The Detroit automakers' share of the U.S. market dropped below 50 percent in July for the first time in history, according to an analyst who tracks industry numbers.
Jesse Toprak, senior analyst for the Edmunds.com automotive Web site, said that with 95 percent of the manufacturers reporting data, the market share controlled by Chrysler Group, Ford Motor Co. and General Motors Corp. dropped to 49.7 percent for the month.
AP | Tom Krisher | August 1, 2007 05:16 PM