Here Come US Auto Sales...
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REUTERS/Rebecca Cook
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Analysts estimate the annualized pace of sales improved to 16.4 million unit, up from 16.34 million in September.
"The data have been very volatile lately, but are still up on a year-on-year basis, highlighting the materialization of pent-up autos demand," Bank of America Merrill Lynch economists said. "We still think there's room to go, and continued easing in credit access could support vehicle sales ahead."
Here's a tally of some of the reports that are out:
- Chrysler: +22% (20% estimated)
- Honda: +5.8% (+7.7% est.)
- Nissan: +13.3%, (11% est.)
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