U.S. sales and production, as expected, were down in 2003, but demand for light trucks reached an all-time high and new assembly plants were being put in place to accommodate the further increases expected in the future. Retail new-vehicle sales in the U.S. in 2003 dipped for the third consecutive year, to a total of 16,967,442 units, but still represented the industry's fifth-best performance in history – and would have scorched the record books a decade earlier. Down 1% from 2002's ...

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