Record December U.S. sales failed to put much of a dent in the bloated inventory on dealer lots, setting up the potential for a continuation of heavy price discounting in January, on top of planned production slowdowns. U.S. dealer light-vehicle inventory ended December at 3.874 million units, which was a 3.1% decline from the prior month’s all-time November high of 4.0 million. However, with December one of the strongest months of the year in sales volume, but a weak month for ...

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