Likely boosted by some end-of-quarter inventory cleanup, U.S. light-vehicle sales in March surged above forecast by strongly rebounding from sluggish results in the first two months of the year to a 3-month high 17.5 million-unit seasonally adjusted annual rate. March’s SAAR was well above like-2018’s 17.2 million units, edging the same year-ago month for the first time since August. The entire first-quarter SAAR still ended below the year-ago total: 16.9 million units vs. 17.1 ...

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