VFacts vehicle sales report for July has revealed a slow-down in purchases
The monthly VFacts vehicle sales report for July has revealed a slow-down in purchases compared to June’s brisk pace, but totals for the year so far are still ahead of 2007’s record-setting sales run. A slight downturn in vehicle sales was seen across all segments, including passenger cars, SUVs and commercial vehicles in July, reflecting a slowing economy as fuel prices and interest rates combine to pinch the average buyer’s budget.