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U.S. auto market remains bright spot as China pulls back

U.S. auto market remains bright spot as China pulls back

U.S. auto sales remain a bright spot in a global car market encountering turbulence in important countries such as China. It's a complete reversal from six years ago, when U.S. vehicle sales plunged during the recession and China easily surpassed the U.S. as the world's largest car market. China remains No. 1, but sales there are slowing as the economy cools and cities impose car ownership limits to curb smog and congestion. That leaves automakers relying heavily on the U.S. and Western Europe, where a recovery in car sales is finally underway. Sales figures for August released Tuesday by Sweden's Volvo Cars tell the story: Volvo U.S. vehicle sales jumped 18.3 percent as...

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