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New Car Sales Showing a Pulse in the Third Quarter

Edmunds forecasts 11% fewer new vehicles sold compared to a year ago, but a 31% gain from the second quarter abyss.

Cars for sale Cars for sale (Image: Shutterstock).

Consumers returned to dealers in the third quarter of 2020 to buy 30.6% more vehicles than in the second quarter in the immediate wake of the COVID-19 pandemic’s emergence, Edmunds forecast on Thursday.

Edmunds, a car-buying analytics company based in Santa Monica, Calif., forecast that U.S. dealers will sell more than 3.8 million new cars and trucks in the three months that end Sept. 30, 11% fewer than the 4.3 million sold in 2019’s third quarter but up from the 2.9 million sold in this year’s second quarter – the first full three months after COVID-19 was declared a pandemic March 11.

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Jim DuPlessis

Jim DuPlessis

A journalist for decades.

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