U.S. auto makers saw August light-vehicle inventory fall nearly 386,000 units from July’s already anemic levels – leaving dealers with fewer cars and trucks on hand than at any time in at least the past 34 years. August ended with 1,406,717 LVs in stock, the lowest volume for any month since at least January 1975, which is as far back as the Ward’s inventory database goes and some 350,000 units below the second-lowest tally, recorded in August 1983. Clearly, the run on certain segments, ...

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