U.S. light-vehicle inventory ended October at an all-time high for the month, with the mix showing car stocks remain stubbornly high, while truck totals foretell expectations of strong year-over-year sales gains the rest of the year. The mix also portends a combination of higher market spiffs and selective production cuts as the industry adjusts to flattening demand after seven years of growth dating back to mid-2009. October’s inventory of 3.841 million units was 4.2% above ...

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