On the heels of a strong second quarter, Ward's forecasts third-quarter U.S. light-vehicle sales to equal a 16.9 million seasonally adjusted annual rate (SAAR), slightly below year-ago's 17.1 million. There will be fewer reasons this year to goose third-quarter sales via incentives, because the solid second-quarter performance has reduced pipeline pressure and inventories have become less top heavy. Most of GM's excess inventory in trucks. In the last three years, the second-quarter ...

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