U.S. light-vehicle sales will decline from the same year-ago month for the sixth consecutive time in March but remain strong on a seasonal basis. The expected performance, combined with high sales volumes posted January-February, has the industry on track to pull inventory back in line with demand during the second quarter. Ward's forecasts March sales at 1.55 million units, for a daily selling rate of 57,415, 6.8% below year-ago's all-time March high of 61,611 (27 selling days both ...
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