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Automaker Revenue to Hit Record $44 Billion in November (TrueCar Inc)

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(Source: TrueCar Inc) Black Friday promotions lift sales as average transaction prices inch upward from year-ago level SANTA MONICA, Calif.--(BUSINESS WIRE)-- TrueCar, Inc. (NASDAQ: TRUE) projects U.S. revenue from sales of new vehicles in November reached a record high for the month of $44 billion, up 3.8 percent versus the same period last year. November marks the 23rd consecutive month of record-setting revenue for the auto industry. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20151201005695/en/ Despite a likely increase in incentive spending last month, robust vehicle sales and steady average transaction prices helped the...

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