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Slowing auto sales stoke concern over near-record car prices

Sales are expected to surpass 16 million vehicles

Bloomberg News

High prices threaten to send US auto sales into decline this year as middle-class consumers shy away from new-vehicle purchases with stickers near record levels. Major carmakers including General Motors Co., Honda Motor Co. and Hyundai Motor Co. said sales fell during the final three months of the year. Although industrywide volume likely surpassed 16 […]

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