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October U.S. Light-Vehicle Sales Surge from September to 9-Month-High SAAR

Executive Summary

October’s surge was sparked by greater availability, moderation to price increases and delayed shipments from Q3. Boding well for the rest of the fourth quarter is that inventory will continue rising through November, which, if coupled with restraint on pricing, creates upside to deliveries. Challenges to the rest of the year include potentially tougher economy-related headwinds, as well as less impact from the temporary lifts that helped October.

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