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Jesse Toprak, chief analyst for Cars.com, told Benzinga that December will be a “robust” month for new-vehicle sales, especially new-select segments.
Toprak explained that this includes luxury vehicles and anything that has the word “large” associated with the name like large SUVs and large trucks.
He said that low gas prices and seasonality of these vehicles will make them “shine” in December.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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