U.S. light-vehicle sales outdid all expectations in February, surging to a 17.5 million seasonally adjusted annual rate (SAAR) behind strong performances by General Motors Corp. and DaimlerChrysler Corp. February’s shocking sales results are helping to speed up the industry’s inventory clear-out currently underway.Although strong, sales didn’t match results of a year ago, when an incentive war was in full bloom and the industry was at the onset of its best year in history. But February ...
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