Striving for healthy inventory levels and adjusting to customer demands, North American auto makers in May will continue to pace production downward. Ward’s forecasts North American manufacturers will build 1,461,240 vehicles in May for a seasonally adjusted annual rate (SAAR) of 11.1 million, down from April’s revised estimate of 11.9 million and below year-ago’s 11.4 million. With 22 production days in each year, May’s forecasted average daily production rate of 66,420 units is just ...

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