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September 01, 2020 1:25pm
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U.S. New Vehicle Sales Kept Recovering In July But Remained Below Pre-Crisis Level

As expected, U.S. New Vehicle Sales kept rebounding in July. According to Wards data, they increased by 11.3% MoM reaching 14.52M SAAR (5-month high) and beating the Bloomberg consensus of 14.0Me.
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