As expected, depleted inventories took their toll on industry results in August, as U.S. light-vehicles sales dropped dramatically from the combined strength of June-July results. Market leaders General Motors Corp. and Ford Motor Co., in particular, found themselves severely short of '05 models during the month. Sales worked out to a 16.7 million seasonally adjusted annual rate (SAAR), the same as year-ago and a healthy result considering the prior two months combined for a 19.2 million ...
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