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Auto finance growth expected to boost car sales into 2015

2014-09-24 22:05:39| Auto Dealers - Topix.net

The growth in U.S. auto sales has slowed but a healthy auto loan and lease environment should continue to support higher sales the rest of this year and next, Moody's Analytics says. Auto finance growth "appears quite sustainable and reasonable given the broader economic context," Cristian deRitis, a senior director at Moody's Analytics, said Tuesday during a webinar for Consumer Bankers Association members.

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