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March Auto Sales Fall Short Of Projections

U.S. auto industry sales fell short of expectations in March as car sales continued to plummet. Automakers sold 1.56 million new cars and trucks in March, a 1.6% decline compared with the same month a year ago. That would still work out to a strong annualized rate of 16.6 million cars and trucks for the year, but analysts had expected Monday's sales figures to be more than 1.62 million new cars and trucks — a 2.2% increase.

Read the whole story at Detroit Free Press »

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