North American manufacturers in June are expected to come close to plan while exceeding year-ago output. Inventories will remain at historic highs as the industry heads into the third quarter. And unless sales pick up, the likelihood of some production shortfalls vs. year-ago means inventories will increase during the remainder of the year. Ward’s estimates North American plants will assemble 1.446 million vehicles in June, or about 99% of what was scheduled at the beginning of the ...

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