Auto Sales Contract as Demand Stalls for Trucks and S.U.V.s

Auto Sales Contract as Demand Stalls for Trucks and S.U.V.s
In the automakers’ monthly report on Tuesday, weaker-than-expected sales of trucks helped the industry reach its steepest
overall decline so far this year — 7 percent from the previous July, to 1.4 million cars and light trucks.
Fiat Chrysler reported a 10.5 percent fall in sales, and Ford Motor a 7.4 percent decline.
sold 43 percent fewer Chevrolet Traverse S. U.V.s than a year ago, and 15 percent fewer Silverado pickups.