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September SAAR falls 25% YoY to 12.2 million

New-vehicle sales declined at Ford, Hyundai and Toyota due to supply shortages

Amanda Harris and Whitney McDonald

New-vehicle sales plummeted in September for the fifth straight month, contributing to the lowest seasonally adjusted annual rate (SAAR) in 16 months as inventory woes continue to plague the auto industry. September’s SAAR of 12.2 million fell 25% from 16.3 million units a year ago with the same number of selling days, according to a […]

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