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March SAAR to hit 16.4 million units

One year since the pandemic began, March's forecast provides a first glimpse at the auto market's recovery

Anna Jefferson

The seasonally adjusted annualized rate (SAAR) for total light vehicle sales is projected to hit 16.4 million units in March, a 53% year-over-year increase and a 10% increase from February, according to a TrueCar forecast released today. Vehicle sales plummeted last March when the coronavirus pandemic closed dealerships and forced many consumers to shelter-in-place. Average transaction prices […]

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