Strong U.S. sales results were not expected in January, and bad weather, especially in the Midwest and Northeast, made sure that was the case. Based on daily selling rates, January’s results marked the first year-over-year decline since August 2010. Sales totaled 1.009 million units for a daily selling rate of 40,345, 3.0% below year-ago’s 41,611, with 25 selling days both periods. January’s seasonally adjusted annual rate of 15.2 million light vehicles was the same as ...
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