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Beige Book: New-car sales weighed down by EVs 

Dealers noted uptick in inventory, hybrid sales 

Truth Headlam

New-vehicle sales were weighed down through mid-November as EV sales stalled and consumers curbed spending during the government shutdown.  New-car sales were down in five of the 12 regions covered by Federal Reserve banks, according to the most recent edition of the Fed’s Beige Book, which captured economic data in the areas bank regions through […]

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