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LAD - Lithia Motors: Demand For Cars Is Still Hot
November, 15 2021 03:50 PM
Lithia Motors Inc.
The pace of price growth for used cars has started to slow steadily, with the saturation of the market. However, the prices are still high. Lithia Motors still maintains high gross profit margin due to strong demand from the consumers in USA. Companies will have to raise car prices further, US auto sales/inventories ratio is falling sharply. For further details see:
Lithia Motors: Demand For Cars Is Still Hot
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