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auto sales

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Auto industry in the US has been recovering and shifting its track to the fast lane. Even with gas prices at nearly $4, smaller cars like the Nissan Versa, Ford Focus and Fiat 500 flew off dealer lots in March, and have been giving car makers their best monthly sales in almost five years.

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The rate at which Americans have been buying cars is faster than they have done in four years. The main reason that the analysts are suspecting for the sale jump is the decline in unemployment and improvement in consumer confidence even as gasoline prices topped $4 a gallon in parts of the country.

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