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Toyota exec: Pent-up demand for new cars will end

September 27, 2013 • Business


James Lentz, president and chief operating officer of Toyota in North America, speaks during an interview on Thursday, Sept. 26, 2013 in New York. (AP Photo/Bebeto Matthews)

NEW YORK (AP) — The boom in sales of new cars in the U.S. has been fueled by consumers replacing vehicles they kept through the recession.

But a top auto industry executive says Login to read more

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