U.S. automotive sales dropped more-than-expected in March, with 16.5 million units sold on an SAAR basis according to Ward’s Automotive. That compared to 17.2 million forecasted by analysts. Hyundai-Kia was the worst performer, with sales dropping 11% compared to a 4% decline expected. Panjiva data shows U.S. seaborne imports in February, reflecting sales for March, dropped 4% including a 15% slide in Asia-ex-Japan shipments. March may show a rebound after Asia-ex imports increased 24% and Mexico seaborne deliveries climbed 48%. German manufacturers may lose out, however, after a 41% dro...