U.S. lightweight truck and vehicle sales decreased 6.8% in January, while Canadian auto sales increased nearly 15% with 15 consecutive months of growth.

U.S. lightweight truck and vehicle sales softened in January, with sales dropping 6.8% to a 15 million annual rate. This decrease was larger than expected and followed a 6.8% gain in December. In contrast, Canadian auto sales jumped nearly 15% in January due to high demand and limited inventory, marking 15 consecutive months of growth.

February 02, 2024
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