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Forecasting firm LMC Automotive sees U.S. automobile sales hitting their highest selling level...

Aug. 24, 2012 2:00 PM ETGeneral Motors Company (GM) StockF, GM, TM, HMC, HYMLF, BMWYY, NSANY, MBGAF, TSLA, VWAGY, STLABy: Clark Schultz, SA News Editor1 Comment
Forecasting firm LMC Automotive sees U.S. automobile sales hitting their highest selling level in 4.5 years during August. The growth rate should hit double-digits for the 4th consecutive months as dealers clear inventory to make way for 2013 models. Looking forward, an optimistic LMC pegs total light-vehicle sales for 2013 above 15M.

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