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Webster's New World Finance and Investment Dictionary » light-weight vehicle sales
light-weight vehicle sales
light-weight vehicle sales definition - finance
An economic indicator, little-watched outside
of the automobile industry, that tracks total sales and leases of domestic and
imported new cars and lightweight trucks, which are trucks that weigh up to
10,000 pounds. The data measures both consumer and business sales, and is
collected by WardÂ’s Automotive Reports and the American Automobile Manufacturers
Association (AAMA). It is seasonally adjusted by the U.S. Commerce Department,
and released every 10 days, or 3 times a month.
Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.
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