Analysis The U.S. light-vehicle market outperformed year-ago by 14.4%, selling 981,258 cars and trucks last month, but it still was the second-worst June since 1982. June’s daily sales (25 selling days) fell 7.3% from May (26 days), dropping the seasonally adjusted annual rate to just below 11.1 million units, down from 11.6 million for the prior month. Much of the drop came from a decline in fleet-sales market share, which spiked in May. However, retail sales, with an estimated SAAR ...
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