U.S. light vehicle sales continued to outdistance even the most optimistic expectations in May, rising 5.4% above year-ago for a ninth consecutive increase. Furthermore, last month's volume of 1.59 million pushed 12-month sales through May to 16.06 million, a new record for any 12-month period, besting the previous record of 16.05 million posted calendar year 1986. May's daily selling rate (DSR) of 63,600 (26 selling days) is now the second best on record — at least in the last 20 years — ...

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