Sales

Big gains seen for U.S. sales in September and Q3, but affordability drags on market

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A Jeep store in Ellsworth, Maine. U.S. consumers and fleet owners kept buying new vehicles in September and the third quarter, thanks in part to increased inventory. But the sales rate continues to slow from where it was earlier in the year, when interest rates were lower. (DAVID PHILLIPS)
September 28, 2023 01:00 PM

Analysts looking at third-quarter vehicle sales in the U.S. believe there is an outside group whose coordinated actions are starting to take a serious bite out of what would otherwise be a more robust market recovery for the industry.

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