Despite a jump in the seasonally adjusted annual rate (SAAR) to 17 million units, January U.S. light-vehicle sales are headed for a further 19.2% decline from December’s less-than-robust pace, based on average daily rates. The month also will mark a 6.7% falloff from year-ago. Although the January SAAR is up sharply from December’s 16.7 million and the 16.5 million-unit average for the past 12 months, it nevertheless trails the 17.5 million rate posted in like-2006. Related document: ...

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