November’s gangbuster sales cut inventory levels to below same-month year-ago totals, albeit slightly, for the first time in any month since November 2011, when vehicle availability was hampered by natural catastrophes in Asia that slashed production for the U.S. market. November’s U.S. light-vehicle sales volume of 1.293 million units, which equated to a 17.1 million seasonally adjusted annual rate, left dealer inventory at 3.623 million units, just a bit below year-ago’s ...

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