After a tough couple of years, the auto industry’s recovery is moving ahead.
The world’s major auto makers reported sales for February on Friday that were up solidly from a year prior and last month, though slightly short of analyst estimates in most cases.
Early results suggest sales should still come in at an annual rate above 15 million for the month. If they do, it will mark the fourth straight month they’ve topped that benchmark, after falling below it in every month since March 2008.
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