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US light-vehicle sales surprise, increase in May
LV sales rose to 15.9 million units in May, and ahead of the consensus forecast which called for a sideways move at 15.8 million units.
LV sales rose to 15.9 million units in May, and ahead of the consensus forecast which called for a sideways move at 15.8 million units.
Heading into June, the sentiment was for weaker prices. Now we know what we're dealing with.
Auto sales were lower as the first quarter closed out, driven largely in part due to continued elevated prices and interest rates.