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UK TOTAL NEW CAR SALES IN OCTOBER UP 26.9% YOY TO 154,407 UNITS - NEW AUTOMOTIVE DATA
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UK new car sales rose 26.9% year-over-year in October to 154,407 units, according to new automotive data. The double-digit gain points to continued recovery in the country's auto market compared with a year earlier. The figures cover total new car registrations for the month. Investors will watch whether the momentum carries into November and how manufacturers and dealers translate higher volumes into pricing and margins.
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UK, New Automotive