June U.S. light-vehicle sales are not expected to rise much above May’s weak results, leaving second-quarter sales based on seasonally adjusted annual rates (SAARs) at their lowest in three years. Ward’s forecasts June sales at a 16.5 million SAAR, an improvement on the prior month’s 16.0 million but far below the strong totals the industry posted in previous years. If June comes in as expected, it would put the second-quarter SAAR at 16.4 million. Year-ago’s April-June results were 17.2 ...
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