Solid March results round out quarter of growth in US auto market

According to preliminary estimates, US Light Vehicle (LV) sales grew by 5.5% year-on-year (YoY) in March, to 1.44 million units. The market delivered another month of YoY growth – a streak which now extends to 20 consecutive months – but year-ago sales were still relatively low, making the gain easier to achieve. For Q1 as a whole, sales were up by 5.1% YoY, reaching 3.75 million units.