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Auto sales tap the brakes in March
Auto sales tap the brakes in March

U.S. car buyers tapped the brakes in March, a sign of a long-expected slowdown in the blistering pace of sales. March sales were up less than 1% compared with the same month a year earlier. U.S. consumers bought 1.5 million new cars and trucks in March, according to Autodata Corp. Some automakers reported larger gains. Hyundai's U.S. sales jumped 12% over last March after a big boost in incentives. Subaru's sales were up 10%. Toyota's sales were up 5%, and FCA — the parent of Chrysler and Fiat — said its sales rose 2%. But those gains were nearly offset by lower sales at other major automakers. General Motors' sales fell 2% and Ford and Nissan both saw 3%...

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