Auto sales to decline in August: report
(Reuters) - U.S. auto makers are expected to report big declines in August domestic sales despite stepped-up incentives, the Wall Street Journal said citing a report by J.D. Power & Associates. Industry-wide sales, however, will improve slightly from July, it said. The research firm expects sales in the closing days of the month to improve, helped by General Motors Corp's 100th anniversary sales event, which offers "employee pricing" on most vehicles and cash rebates on selected light trucks.