U.S. auto sales seen rebounding in April

Newswire

By Michael Ellis DETROIT, April 25 (Reuters) - The winding down of the Iraq war and aggressive incentives boosted U.S. new car and truck sales in April from weak levels earlier this year, analysts said. U.S. consumer confidence surged above economists' forecasts in April, rebounding from a nine-year low in March during the Iraq conflict, according to the University of Michigan's widely watched index of consumer sentiment released on Friday. "'Iraq-nophobia' should have subsided by this ...

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