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November 2022 Automotive Legal Supplier Report

U.S. new light-vehicle inventory reached 1.56 million units at the end of October, representing a 49 days’ supply and the highest level since May 2021, according to estimates from Cox Automotive. Mexico exported over 267,000 vehicles in October, representing a 19% increase. ....

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Motor, Equipment Manufacturers Association condensing into two groups

The Motor & Equipment Manufacturers Association, which represents original equipment and aftermarket auto suppliers in the U.S., said the new brand and organizational structure will launch in January. ....

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