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Strong 1Q18 Auto Sales: A Solid 2018 for the Auto Industry?

Strong 1Q18 Auto Sales: A Solid 2018 for the Auto Industry?

According to Autodata, US auto sales in March 2018 rose 6.3% YoY (year-over-year) after falling ~2.4% YoY in the previous month. March was the second month in 1Q18 in which US vehicle sales witnessed a YoY increase. In January 2018, US auto sales rose 1.0% YoY.