
Overall, the industry reported a 4.7% sales decline to 1.43 million units. General Motors, Ford, Fiat Chrysler and Nissan each reported deeper-than-expected sales declines for the month. Toyota narrowly edged expectations, but it still recorded a 4.4% decline for the month, compared to a year earlier. Slumping sales of new car took a heavy toll -- and even increase discounts couldn't bail them out. The worse-than-expected performance could in fact point to a slowing auto market.
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