December U.S. light vehicle sales (see insert) outdid all expectations, as entire 1998 finished at 15.55 million units, the second best calendar year ever behind only 1986's 16.06 million. December's daily selling rate (DSR) of 50,554 was the highest for any December since 1986's 54,144 and 7.1% above year-ago's 49,357 — 26 selling days for each period. Furthermore, December's seasonally adjusted annual rate of 17.28 million was an any-month best since December 1986's 17.80 million. The ...

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