U.S. sales are headed for their weakest month in more than two years in terms of the seasonally adjusted annual rate (SAAR), although May still is forecast to remain strong by historical standards. Ward's is projecting the month at a 16.09 million SAAR, compared to 16.61 million the prior month and 17.12 million in May 2000. The danger in forecasting May — as in several recent months — is the uncertainty over how big a role incentives and other key factors will play. The upward impact of ...
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