U.S. car sales expected to post strong February results, WSJ reports

theflyonthewall.com

An uptick in the housing market and rising consumer confidence resulted in another month of strong U.S. car and pickup sales that will be evident on Friday when auto makers post their February sales. Over 1.2M new vehicles were estimated to have been sold in the month, a 4.3% increase over a year earlier and a 15% increase over January, reports the Wall Street Journal.

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