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Labor Day in August Makes Things Easier for Auto Sales

Vehicles on display at a dealership in Los Angeles, California

Photographer: Patrick T. Fallon/Bloomberg

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Automakers have the calendar to thank for what’s expected to be the second straight month of year-over-year U.S. sales gains, following a rough first half.

Total deliveries may have jumped 7% last month, according to Edmunds, helped by the inclusion of Labor Day weekend in August sales data this year. Cheaper financing offers also are giving consumers a lift, according to the car-shopping researcher, with the average interest rate on new-vehicle loans holding steady below 6% for a second month.