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Steady June auto sales surprise market analysts

By With Analysis From Monitor Correspondents Around The World, Edited By Anne Shutt / June 17, 1982



Detroit

United States automakers sold virtually as many cars in the first 10 days of June as they did in the same period last year - a surprise to analysts who thought the end of a General Motors incentive plan would mean a drop in sales .

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Sales generally fall off much more for automakers when incentive programs end. The absence of a big decrease may indicate car buyers are returning to the showrooms.