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Auto Sales

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Auto Sales
The total amount of revenue from the sale of automotive vehicles in a given month. This revenue is seasonally adjusted and is published by the U.S. Department of Commerce. This is considered an important economic indicator because people tend to buy cars when the economy is doing well, and not to do so when the economy is performing poorly.


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China's auto sales hit the brakes in April compared with the previous month as robust demand for vehicles in the world's top market eased, according to figures released by an industry group Monday.
9 Kyodo (EDS: MORE INFO) China's auto sales more than doubled in January from a year earlier to 1.
China's auto sales surged past those in the United States in 2009 to make the Asian nation the world's biggest car market, industry data showed Monday, but analysts warned sales would slow this year.
 
 
 
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