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US: collapsing oil prices spark bullish predictions for auto sales

2015-04-01 11:31:01| Auto Dealers - Topix.net

The US auto industry is tracking towards achieving its sixth annual sales growth, one of the longest positive streaks in history and the continued low oil prices are bringing in forecasts that preview even better figures. The automotive industry seems to have taken the fast lane, for at least the next two years, according to economists discussing the situation during the NADA/JD Power Automotive Forum.

Tags: auto sales prices oil

Category:Automotive

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