High interest rates, economic headwinds, UAW strike: Some auto buyers are still hesitant, but new vehicle sales are still showing gains.
October saw a strike close many car factories, and war and political turmoil are in the news. But Americans went car shopping anyway.
According to analysts from Kelley Blue Book parent company Cox Automotive, new-vehicle sales volume in the U.S. is expected to rise nearly 4% compared with October 2022, a market in the early stages of recovery from severe product shortages.
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