U.S. light-vehicle sales undercut even relatively weak expectations in May by posting a 2006-low 16.1 million seasonally adjusted annual rate (SAAR), well below the 16.5 million Ward's forecast for the industry earlier in the month. The SAAR compares with 16.7 million in both the prior month and May 2005 and is the lowest since 15.7 million last November. Related document: <i>Ward's</i> U.S. Light Vehicle Sales by Brand and Group Higher gas prices had a negative impact, as ...

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