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Automotive
The U.S. Automotive Industry Ends the Year on a Positive Note

By Keith Spacapan

January 18, 2021 – The seasonally adjusted annualized rate of sales (SAAR) for lightduty vehicles topped 16 million vehicles in December for the third month since April, when the industry slumped to a 50-year low. For the full year, light-duty vehicle sales totalled 14.6 million, a decrease of 14% from 2019.

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Automotive
The U.S. Automotive Industry Hits Bottom in Second Quarter?

By Keith Spacapan

July 14, 2020 – After a 50% drop in U.S. deliveries of light vehicles, the seasonally adjusted, annualized rate of sales (SAAR) for April had fallen to 8.6 million vehicles. Anxious to generate some cash flow, automakers offered generous incentives to encourage nervous would-be buyers to get back in the market. After all but disappearing in March, zero percent finance offers represented a record high 25.8% of all new financed purchases in the month of May according to Edmunds.com.

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