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April SAAR expected to hit 15.1M units

Average loan term on new vehicles was about 69 months

Joey Pizzolato

New-vehicle sales are forecast to improve on a month-over-month basis in April as more favorable seasonal factors and increased fleet demand drive up volumes. April U.S. light vehicle seasonally adjusted annual rate (SAAR) is expected to hit 15.1 million units, up from 14.9 million units in March, according to separate forecasts from Cox Automotive and […]

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