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Key Auto Industry Developments
• August U.S. light vehicle sales broken just above 16 million unit SAAR for the first time since November 2007, and were up 11% YoY and 3% MoM. Canadian sales rose 2% YoY on a daily selling rate basis to near record August levels.
• The D3 U.S. market share at 43.8% in August was up 94 bps from July, but remained below year ago and YTD share of over 45%.
• We h…
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