U.S. light-vehicle sales are forecast to improve in the third quarter from a disappointing second quarter, as auto makers conduct the annual inventory housecleaning now typical of the summer months. Ward’s forecasts July-September to post a 16.9 million seasonally adjusted annual rate (SAAR), a sharp increase from the estimated 16.4 million SAAR of April-June, but well below year-ago’s 18.0 million and the lowest for the period since 16.1 million in 2001. The second-quarter SAAR will be ...
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