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Friday, April 26, 2019

U.S. | Auto Industry Chartbook. First quarter 2019

New vehicle sales are projected to decelerate from 2018 levels. Robust economic growth has been the main driver of auto sales, but affordability is deteriorating while the impact of previous tax cuts is diluting. Going forward, higher interest rates and a higher supply of “off-leasing” vehicles will exert downward pressures on demand for new vehicles.

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