US May market forecast to surge
US vehicle market forecast to see May surge.
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(Reuters) - New vehicle sales in the U.S. are expected to rise in May, on robust demand for personal transport and improving inventories at dealers, a report from industry consultants showed on Thursday. | 09:08am
U.S. new vehicle sales are expected to rise in May, on robust demand for personal transport and improving inventories at dealers, an industry report says.
Auto research firm J.D. Power is projecting a huge bump in new car sales for May, which appears to be good news for automakers, but also shows higher prices are still in play for consumers.
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