U.S. light-vehicle sales for February totaled 687,356 units, the second-lowest monthly volume in 28 years. February’s deliveries (over 24 selling days) tumbled nearly 39%, compared with year-ago (25 selling days), but still managed a 13.7% gain over prior month (26 selling days). But with February sales tracking an average 21% ahead of January for the last eight years, this year’s less-than-14% rise in the daily selling rate wasn’t enough to prevent the seasonally adjusted annual rate ...
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