U.S. light-vehicle sales will plunge 39% in February on a daily rate basis and translate into the lowest seasonally adjusted annual rate in nearly 28 years, according to a Ward’s forecast. Volume should total 686,000 units over the month’s 24 selling days, which is one less day than year-ago. Related document: Ward’s U.S. Lt. Vehicle Sales and Inventory Forecast With fleet sales continuing to be a non-factor, auto makers are being forced to survive almost entirely on ...
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