DETROIT (Reuters) – Major automakers on Monday reported a fourth consecutive month of lower U.S. new car gross sales for June and came in under analyst expectations, regardless of hefty consumer reductions and looser loan terms, offering contemporary evidence that 2017 will fall in need of last yr’s record 12 months for the business.

Across city from the Peugeot dealership, the place greater than a hundred used hire-a-automobiles went on sale for costs ranging as a rule from $25,000 on up, disgust turned to anger on Friday. Thank you on your nice information. Yes, I consider in buying second-hand car but demonstration vehicles that are 3 or four months previous. It drops by £2000. Not bad.

The liberalizing of automobile gross sales was one in every of more than 300 reforms put forth by President Raul Castro, who took over for his ailing brother Fidel in 2008, and permitted in …