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U.S. Light-Vehicle Sales Improve in October from September; Puts Optimistic Spin on Entire Q4

Executive Summary

Though still weak, October’s 13.0 million-unit seasonally adjusted annual rate marked the first month-to-month increase since April, and – depending on the extent inventory was negatively impacted during the month by the global supply-chain disruptions – puts upside on the combined Q4 outlook currently pegged at the same total of 13.0 million.

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