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Rise in new car sales reflects consumer confidence in the economy, rising incomes and a sharp decrease in car insurance premium costs

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Rise in new car sales reflects consumer confidence in the economy, rising incomes and a sharp decrease in car insurance premium costs.“

But Mr. Dutta, the automoti더나인카지노ve analyst, said he expects auto manufacturers have some difficulty raising prices this year.

„There are so many vehicles on the road that the increase is not enough to offset all the new cars on the road,“ he솔레어 카지노 said. „The companies must cut prices in order to be compe안산출장안마titive and this will require a sharp rise in prices by automakers this year, if it does not happen, we could be looking at an oversupply of new cars.“

Write to Chris Wysopal at christopher.wysopal@wsj.com


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