July sales are down across the board for the Detroit Three automakers, 15.5 percent for GM, 10 percent for Chrysler and 7.5 percent for Ford. That makes seven straight months of declines for the U.S. auto industry at large. Now, considering the last two years basically broke every kind of sales record in the books, 2017 sales are still shaping up to reach fairly respectable levels, historically speaking.
Click the audio player above to hear the full story.
We’re here to help you navigate this changed world and economy.
Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.
In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.
Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.