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November U.S. Light-Vehicle Sales Put Wrench in Expectations for Renewed Growth

Executive Summary

There could be some pushback by consumers because of the strong mix of high-priced vehicles in inventory, as well as concerns about rising Covid-19 cases. However, November's setback could be a one-month aberration, plus overall inventory is improving, and pent-up demand is building, meaning sales still likely are heading toward consistent growth.

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