Vehicle Sales Down Again in June

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Total vehicle sales were down again in June:

The Wall Street Journal says this is because of a “newfound discipline” among domestic automakers, who now resist the urge to dump excess cars on rental car companies at cut-rate prices. Maybe so. But dealer inventories are rising, and the reason fleet sales are declining in the first place is because rental companies are wary of depressed resale prices. Either way, vehicle sales are now at their lowest level since the beginning of 2014. Hum de hum.

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Thank you!

We didn't know what to expect when we told you we needed to raise $400,000 before our fiscal year closed on June 30, and we're thrilled to report that our incredible community of readers contributed some $415,000 to help us keep charging as hard as we can during this crazy year.

You just sent an incredible message: that quality journalism doesn't have to answer to advertisers, billionaires, or hedge funds; that newsrooms can eke out an existence thanks primarily to the generosity of its readers. That's so powerful. Especially during what's been called a "media extinction event" when those looking to make a profit from the news pull back, the Mother Jones community steps in.

The months and years ahead won't be easy. Far from it. But there's no one we'd rather face the big challenges with than you, our committed and passionate readers, and our team of fearless reporters who show up every day.

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