Edmunds.com predicts September car sales of just 8.8M/year, a 28-year low and a 38% plunge from...

|By:, SA News Editor

Edmunds.com predicts September car sales of just 8.8M/year, a 28-year low and a 38% plunge from August's CARS-induced 14.1M blowout. "Cash for Clunkers was supposed to prime the pump," Edmunds' Jeremy Anwyl says, "but that is a physics concept, and economics is quite different. Demand has dropped off significantly since the program ended."