North American auto makers don’t appear to be giving up on the market despite May U.S. sales falling behind April on a seasonally adjusted basis and a pullback on the economic outlook for the year. North American vehicle production for May is tracking on course with scheduled output for the month, albeit at a 5-year low. But lack of further cutbacks and overbuilds on tap by General Motors Corp. and Ford Motor Co. signal there is no panic. Ward’s estimates May production will ...
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