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International Business Times
International Business Times
Business
Ann Resuma

US Auto Sales Expected To Rise In November, Consumer Spending To Reach $50B

In this aerial view, new and secondhand cars are seen for sale on a dealership forecourt on September 21, 2023 in Ellesmere Port, England. (Credit: Christopher Furlong/Getty Images)

Sales of new vehicles in the U.S. are expected to rise in November following discounts given by car dealerships.

Total new-vehicle sales for November 2024, including retail and non-retail transactions, are projected to rise 6.7% year-over-year to 1,361,200 on a selling day adjusted basis, according to a joint forecast from J.D. Power and GlobalData.

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