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Auto Sales Gain in November But Ford Slows as New F-150 Is Awaited

2014-12-01 13:10:22| Auto Dealers - Topix.net

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It's showtime for November auto sales

2014-12-01 12:10:27| Auto Dealers - Topix.net

Auto makers could report their highest November U.S. sales in more than a decade after new-car shoppers feasted on early Black Friday promotions and cheap gasoline prices that are driving buyers to heavier vehicles. Dealers were estimated to sell between 1.27 million and 1.29 million new vehicles during the month--a number that would be the strongest since November 2001, when a barrage of post-9/11 sales incentives pushed up demand.

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Auto sales poised for growth

2014-12-01 10:00:41| Auto Dealers - Topix.net

The U.S. auto industry, which has been growing since the government bailout of GM and Chrysler, is poised for an unprecedented sixth straight annual sales increase next year, driven by job gains, readily available credit and lower prices at the pump. Deliveries of new cars and light trucks in 2015 will probably total 16.7 million, the average estimate of 12 analysts surveyed by Bloomberg News and the most in a decade.

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Low interest rates support U.S. auto sales despite slow GDP growth

2014-12-01 03:36:19| Auto Dealers - Topix.net

Auto sales continue to perform well in 2014, say analysts, even though one of the usual ingredients in that success is missing -- strong GDP growth. "The economy has not necessarily cooperated yet," says Jeff Schuster of LMC Automotive.

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Auto Dealers Predict 17M New Vehicle Purchases

2014-11-30 13:52:47| Auto Dealers - Topix.net

One of the traditional indicators of consumer sentiment - purchases of new vehicles - may next year reach levels not seen since 2005, according to a major automobile dealers trade group - and that's good news for financial institutions dealing in automobile lending. A valid subscription is required to read the article or use the tool you've selected.

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