DETROIT (AP) — Sales of new vehicles in the U.S. fell 14.6% last year, but a second-half rebound from a coronavirus-related plunge in the spring kindled optimism for a recovery later this year.
Automakers on Tuesday reported selling 14.57 million new vehicles for the year, a far cry from the five previous years with sales over 17 million. But the 2020 performance was better than most forecasters had expected when the pandemic forced auto factories and many dealerships to shut down…
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