Tiny bursts of good news in January indicate the U.S. new-vehicle market may be on the verge of reaching bottom and stabilizing. But most of the positives are coming too late to save the month from an anemic sales performance, as Ward’s projects the seasonally adjusted annual rate will fall below 10.5 million units. Industry volume should total 720,000 vehicles, marking the fifth consecutive sub-1 million-unit monthly performance. Federal bailout funds became available in late ...
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