U.S. car sales continue to crumble, down again in July (FOREIGN CAR COs LEAST-IMPACTED)

``Year-over-year vehicle sales overall were down by 5.7% in July. If current trends continue, auto analysts say, carmakers are likely to sell about 17 million vehicles or fewer this year compared with nearly 17.6 million in 2016... the numbers signal a cyclical downturn, and it's enough to force some automakers to trim back production and at least temporarily shut down assembly lines across the country. Ford sales were down in July 7.4% year over year. GM, 15.4%.''