May Auto Demand "Stronger Than Expectations", Deutsche Says
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Source: Zero Hedge
Published: 2026-06-02 05:40 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Transport, Economy & Finance
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Snippet:
In a preview of May U.S. auto sales, Deutsche Bank analyst Edison Yu and his team said industry demand appears to be holding up better than expected. They estimate the seasonally adjusted annual selling rate (SAAR) reached 15.9 million units during the month, modestly above last year's pace of roughly 15.7 million.
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