Sales slip 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 continued to splurge on new cars and light trucks. The seasonally adjusted annualized sales rate soared to 17.

from Automotive News Breaking News Feed http://ift.tt/1KptO37 via Falls Church auto repair