Auto Sales Expected to Slow Down as Confidence Wanes
July 11, 2011 at 10:45 AM EDT
Halfway through the year and with the economy once again slowing down, auto makers and dealers are re-thinking their once ambitious forecasts for sales this year. For much of the first half of this year, auto executives were confident the industry would sell just more than 13 million cars, trucks and SUVs this year.