The expected lift to U.S. light-vehicle sales in April didn’t happen, a likely indication the overall sluggish economy is beginning to have a bigger downside impact on the auto market. Auto industry feeling effects of sluggish U.S. economy. In prior years, sales incentives similar to those offered at the end of March and improved upon in April easily produced seasonally adjusted annual rates (SAARs) of 18 million units or more. But that hasn’t happened of late. The ...
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