The U.S. new light-vehicle market racked up a 12 percent gain in October, with strong retail growth outpacing weaker fleet deliveries, providing some momentum as the key fourth quarter unfolds after a lackluster third quarter.
The U.S. new light-vehicle market racked up a 12 percent gain in October, with strong retail growth outpacing weaker fleet deliveries, providing some momentum as the key fourth quarter unfolds after a lackluster third quarter.
First-quarter net income slipped 6.6 percent to $2.8 billion, while revenue rose 2.3 percent to $44 billion.