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Reuters

Reuters

Technology

Technology

US new vehicle sales set to rise 8.1% in February, report says

Reuters
Summary
Nutrition label

83% Informative

U.S. new vehicle retail sales are expected to rise 8.1% to 1.01 million units in February on an adjusted basis.

However, the rise in sales is not enough to offset the decline in total profit per unit for retailers.

The average retail transaction price for new vehicles is trending toward $ 44,619 , up $ 71 from February 2024 .

VR Score

94

Informative language

99

Neutral language

96

Article tone

formal

Language

English

Language complexity

56

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

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