A slight weakening in demand in December left U.S. light-vehicle inventory heading into the new year a little higher, perhaps meaning January sales will not suffer a pull-ahead effect due to the volume boom recorded over 2015’s final four months, when the seasonally adjusted annual rate totaled 17.9 million units. More importantly, dealers overall are well-stocked with vehicles highest in demand, another reason there might not be much of a letup, if any, in the torrid pace that marked ...

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