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Car industry: Americans buy 12% more cars in 2023 than 2022, a 12% increase

Jonathan Smoke, chief economist for Cox Automotive, said he sees "the tables start to turn in 2024."

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United-states
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Jonathan-chariff
Hyundai
Honda
Federal-reserve
Automotive-group
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South-automotive-group
United-auto-workers

Despite strikes, new auto sales rose 12% in 2023 | News, Sports, Jobs

DETROIT Undeterred by high prices, rising interest rates, autoworker strikes and a computer-chip shortage that slowed assembly lines, American consumers still bought 15.6 million new vehicles last year, 12% more than in 2022, the biggest increase in more than a decade. Yet sales still haven’t returned to the 17 million rate in the years […]

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United-states
American
Jonathan-chariff
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United-auto-workers
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Cox-automotive

US new vehicle sales rise 12% as buyers shake off high prices, interest rates, and auto strikes

Undeterred by high prices, rising interest rates, autoworker strikes and a computer-chip shortage that slowed assembly lines, American consumers still bought 15.6 million new vehicles last year, 12% more than in 2022, the biggest increase in more than a decade.

Miami
Florida
United-states
American
Jonathan-chariff
Automotive-group
Honda
Toyota
Federal-reserve
Nissan
Hyundai
South-automotive-group

US new vehicle sales rise 12% as buyers shake off high prices, interest rates, and auto strikes

DETROIT — Undeterred by high prices, rising interest rates, autoworker strikes and a computer-chip shortage that slowed assembly lines, American consumers still bought 15.6 million new vehicles last year, 12%

Florida
United-states
Miami
American
Jonathan-chariff
Automotive-group
Toyota
Nissan
Federal-reserve
Honda
Hyundai
South-automotive-group

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