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June New Vehicle Sales Up 18% YOY

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jdpower-us-retail-light-vehicle-sales-june11.gifNew vehicle retail sales rebounded in the first half of June 2011 as consumers, despite mixed economic signals, returned to dealerships, according to J.D. Power and Associates data. June new-vehicle retail sales are projected to come in at 884,800 units, which represents a seasonally adjusted annualized rate (SAAR) of 9.9 million units, up 18% from 8.4 million units in June 2010.
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