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September 01, 2020 10:18am
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U.S. New Auto Sales Should Crash In August Amid Record Low Inventory

U.S. new auto sales should decline for the fourth straight month in August. According to the Bloomberg consensus, they are expected to drop to 14.50m(e) SAAR, down from 14.75m in July. It would be the lowest level since June 2020.
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