War has muted impact on March U.S. auto sales

Newswire

By Michael Ellis DETROIT, March 27 (Reuters) - The war in Iraq hurt U.S. auto sales in March but the impact on the industry, which accounts for about one-fifth of U.S. retail sales, has been milder than many analysts had feared. New car and light truck sales fell 8 percent in the first four days of the war, far from the sharp plunge during the ground phase of the Gulf War in 1991 or immediately after the Sept. 11, 2001 attacks on the United States, according to one study by J.D. Power ...

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