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Car dealers dodge doomsday as Black Friday boosts sales

'Vehicle sales are much stronger now than in the spring and summer'

Jamie Butters Keith Naughton & David Welch | Bloomberg 

There’s an exception to the rule that Black Friday deals don’t drive traffic to brick-and-mortar stores anymore: car dealerships. Honda Motor and Ford Motor reported bigger US sales gains than expected for last month as big rebates and cut-rate financing offers lured buyers into showrooms. While total deliveries dropped for General Motors and Fiat Chrysler Automobiles, both curbed shipments to fleet customers and said retail demand was strong. With the US auto industry winding down its first year of shrinking demand since the recession, manufacturers have cranked up incentive ...

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First Published: Sun, December 03 2017. 00:57 IST