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According to new data from Cox Automotive, the U.S. auto market is closing 2024 on a strong note. November sales maintained a seasonally adjusted annual rate (SAAR) of 16 million vehicles, consistent with October. This marks a significant improvement over last November’s 15.5 million SAAR, signaling a continued recovery in the automotive sector.
Inventory levels are playing a critical role in this growth. New-vehicle inventory surpassed…
