US New Vehicle Sales Continue On Upward Trend

The U.S. saw an increase in auto sales during the second quarter despite higher prices for customers.
Auto sales rose 16.8% to just over 4.1 million between April and June, primarily fueled by stifled demand from nearly two years of factories worldwide suffering from a computer chip shortage.
Ivan Drury, director of insights for Edmunds.com, told the Associated Press that the trend in lower average prices and automaker discounts for most of the past year began to stall out in June as buyers paid an average of $45,978 for a vehicle, according to J.D. Power estimates.

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