January’s U.S. light-vehicle daily sales rate (DSR) is expected to fall by double-digit percentage points from December results, but that still could mean an improvement over year-ago. January sales are more volatile in terms of seasonality than most other months of the year – owing largely to the tendency of auto makers to “pull ahead” deliveries to pump up year-end totals. The more sales pulled forward into December, the more risk of a significant drop in January. However, with ...

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