US Auto Sales Expected to Climb in November Due to Discounts

Reported about 4 hours ago

New vehicle sales in the U.S. are forecasted to increase by 6.7% in November from last year, fueled by deeper discounts aimed at reducing high inventory levels. Despite challenges from high inflation and interest rates, the average annualized sales rate is predicted to reach 16.5 million units. Industry experts indicate that while vehicle availability is improving, the overall new vehicle market remains robust even amid stiff competition and economic pressures.

Source: YAHOO

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