U.S. light-vehicle sales climbed significantly over year-ago in March, based on the raw volume, but the daily selling rate declined for the first time since June 2015 and the final results were well below expectations. March volume of 1.585 million units averaged 58,720 over the month’s 27 selling days, 4.7% below year-ago’s 61,593 and 25 selling days. Perhaps more significant, the seasonally adjusted annual rate fell to 16.5 million units, lowest since February 2015’s ...


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