Thursday, July 26, 2007

AutoNation CEO says US housing to hurt auto sales

(Reuters) - "As best as we can tell, we see no indication it's going to
get any better this year," he added.




Jackson also said sales of pickup trucks, many of which are
bought by construction workers, will continue to be hurt by the
weak housing market. Pickups have traditionally been the most
profitable segment for automakers.


Read more at Reuters.com Bonds News

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