At first glance, the 9.2% increase in light-vehicle inventory to 3,048,230 units on Oct. 31 from prior-month’s 2,789,121 might seem welcome relief from the shortages that have plagued dealers for some time. In actuality, it is a false reading resulting from Hurricane Sandy’s negative impact on East Coast LV sales in the month’s final days, a time when dealers go all-out to hit volume targets and qualify for lucrative incentive payments from auto makers. In ...
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