U.S. auto sales reach highest level in more than eight years

U.S. car and light truck sales climbed in June to a seasonally adjusted annual rate of 16.98 million, the highest since January 2006 and above the 16.77 million in May, according to data from Autodata. Economists polled by MarketWatch had expected a 16.4 million rate. Car sales rose to 8.3 million…

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U.S. auto sales reach highest level in more than eight years

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