November U.S. light-vehicle sales soared above expectations, finishing at a long-time high 16.3 million seasonally adjusted annual rate. The surge indicates more sales may have been postponed than originally thought during the government shutdown in October. WardsAuto initially estimated a 2% loss in volume, but the loss appears to be double that. November’s hefty volume also could mean the typical promotions and incentives offered during the Thanksgiving holiday weekend were stronger ...
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