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In August, the estimated average transaction price for light vehicles in the United States was $32,495, according to the vehicle valuation source. New-car prices have also increased 2.7% from the same period last year.
Read More →J.D. Power and LMC Automotive predict the industry will record its highest selling rate this year during May, thanks to anticipated strong sales over the Memorial Day weekend.
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Early returns for the month of February show sales of light vehicles rebounding after being hampered by severe weather disruptions in much of the United States.
Read More →The average transaction price for light vehicles was $31,087 in March 2013, an increase of $339 over last March. The average incentive for light vehicles was down $44 compared to last year.
Read More →Compact, subcompact and pickup segments will push industry up 6.6 percent over 2012, Polk predicts. The firm also says the industry will return to the 16 million-unit level by 2015.
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