U.S. light-vehicle sales surprised slightly on the upside in September with a seasonally adjusted annual rate (SAAR) of 16.3 million. The SAAR was down from year-ago’s strong 17.4 million, and the prior month’s 16.8 million. But considering the fallout from hurricane-devastated areas and an inventory-depleting surge in the June-August period that also had a strong pull-ahead effect, September sales were unexpectedly high. Total volume, including an estimate for Volkswagen/Audi of America ...
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