August 1, 2007 12:30 pm EDT
Sales of Toyota (TM) vehicles fell over 7% to 224,058 in the US during July.
Ford (F) and Chrysler (DCX) had significant drop-offs in unit sales last month.
The Japanese car maket said that weakness in the housing market hurt its results. If so, the company and its US competitors could be in for a long period of declining sales.
Douglas A. McIntyre