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12 May
01:00

Nafta auto market benefiting from improving economy, lower gas prices

An improving US economy and pent-up demand will likely push Nafta automobile production above the 17 million unit mark this year as the oil price decline helps drive sales. 2015 will be one of the biggest years for Nafta auto production, Kevin Moore, managing director of All Raw Materials LLC, tells Kallanish. In addition to improving economic conditions and pent-up demand, the vehicle fleet continues to age, so consumers will be more likely to buy. N…
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