May U.S. light-vehicle sales should rise slightly above recent trend on the strength of increased fleet sales, according to a Ward’s forecast, lifting total deliveries above the 1 million mark for the second time in 2010. While retail sales should remain even or slightly below April levels, LV demand, including fleets, is expected to rise to about 1,081,000 units, up 10.2% from April and 17% from year-ago. At forecast levels, the seasonally adjusted annual rate would climb to 11.4 ...
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