Volume slips again but SAAR remains strong

UPDATED: 3/1/17 2:45 pm ET

U.S. light-vehicle sales slipped 1.1 percent in February as higher incentives and Presidents' Day promotions failed to help the industry rebound from January's dip. But the SAAR remained strong at 17.57 million. GM, Honda and Nissan, helped by strong truck demand and more generous discounts, posted higher sales, while weak car shipments dented Toyota, Ford, Hyundai-Kia and FCA volume.

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