US: Another month of grim statistics

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US light vehicle sales data for February is grim reading, to say the least. Adjusted for selling days, the Detroit-based brands were down 47.2% year on year, Asian brands off 31% and Europeans fell 22.5%. Overall, the industry tanked by 38.9% to 687,356 while year to date sales were down 39.3% to 1,342,166. Full story...