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Honda Sales Slipping Right Along With Its Stock

Honda Motor (HMC) saw sales slip 2% in July, blaming profound uncertainties in the auto market.  Apparently, brisk sales of hybrid cars aren’t helping to ease tough economic conditions.  Fuel efficient auto sales increases 14%, while pickup truck, minivan and SUV sales tumbled 23%. 

“The uncertainties in the market have been quite profound in the past few weeks,” Dick Colliver, executive vice president of sales for American Honda, said in a release. “We are adjusting … Read the rest