Pricing continues to be a headwind despite the strong quarterly figures.
The industry average in March reached a record $45,818, up 3.5 percent from a year earlier, according to J.D. Power and LMC Automotive. TrueCar estimates the average transaction price was $45,397 with shipping, flat with February but up 5.6 percent from a year ago.
Analysts say the market could rebound even further if prices moderate.
“While the outlook has improved slightly, any true strength in recovery…
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