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In this April 25, 2017, photo, a GMC truck sits in a General Motors dealer's lot in Nashville, Tenn. U.S. sales of new cars and trucks were expected to show a decline in July 2017 as consumers pulled back on purchases and waited for Labor Day deals. July likely marked the seventh straight month of declines in a peaking market. (AP Photo/Mark Humphrey)

In this April 25, 2017, photo, a GMC truck sits in a General Motors dealer's lot in Nashville, Tenn. U.S. sales of new cars and trucks were expected to show a decline in July 2017 as consumers pulled back on purchases and waited for Labor Day deals. July likely marked the seventh straight month of declines in a peaking market. (AP Photo/Mark Humphrey)

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