August new retail car sales seen crossing 1M for the first time in a year thanks to CARS, J.D....

|By:, SA News Editor

August new retail car sales seen crossing 1M for the first time in a year thanks to CARS, J.D. Power says. A forecast 2% gain in sales would be the first increase since June 2007. Total sales seen down 8% from a year ago, with fleet sales off more than 50% due to a lack of cars as inventory is channeled to retail sales.