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US: Auto affordability eases in Q1

The latest report on auto affordability from Dallas, Texas-based Comerica Bank indicates that the purchase and financing of an average-priced new vehicle in the US took 23.2 weeks of median family income in Q1 2012. Consumers are estimated to have spent, on average, US$300 more (+1.2%) on new cars in It’s time to log in … Continued

The latest report on auto affordability from Dallas, Texas-based Comerica Bank indicates that the purchase and financing of an average-priced new vehicle in the US took 23.2 weeks of median family income in Q1 2012. Consumers are estimated to have spent, on average, US$300 more (+1.2%) on new cars in

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