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Hurricane Harvey did for the auto industry what record profits for automakers, rising volumes for auctions and increasing business for dealerships' highly profitable service-and-parts business had failed to do: Make Wall Street happy.

General Motors, Ford Motor Co., KAR Auction Services Inc. and the publicly traded dealership groups all had their stock prices jump last week in the wake of Harvey's devastation.



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Wall Street Smiles As Hurricane Harvey Saves The Auto Industry

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