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Hefty discounts lift US sales 9% in November

As expected, Black Friday incentives coupled with a boost in economic confidence following October's partial government shutdown provided a significant impetus to new vehicle sales in the US last month. According to Autodata figures, light vehicle sales rose 9% year-on-year to 1.25 million units, putting the Seasonally Adjusted Annual Rate (SAAR) at 16.4 million units, … Continued

As expected, Black Friday incentives coupled with a boost in economic confidence following October's partial government shutdown provided a significant impetus to new vehicle sales in the US last month. According to Autodata figures, light vehicle sales rose 9% year-on-year to 1.25 million units, putting the Seasonally Adjusted Annual Rate (SAAR) at 16.4 million units, up from 15.3 million units in November 2012 and marking the highest rate since February 2007.

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