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New Auto Sales to Fall 25% in Sept

New Auto Sales to Fall 25% in Sept

U.S. retail sales of new vehicles are expected to fall nearly a quarter in September, hurt by depleting inventories, even as consumer spending remains strong, according to a joint forecast by J.D. Power and LMC Automotive. New vehicle retail sales in the U.S. are seen dropping to 888,900 in September from 1,182,788 a year ago.