Sales edge down but SAAR soars to 17.81 million

U.S. light-vehicle sales slipped 0.7 percent, far better than projections of a 3.3 percent dip, to 1.505 million in August as consumers shrugged off volatile stock prices and continued to splurge. The annualized pace of sales soared to 17.

from Automotive News Breaking News Feed http://ift.tt/1LSgHr6 via Falls Church auto repair