Analysis U.S. light-vehicle inventories held relatively steady in April, falling less than 1% from March levels, to 2,139,166 units, down 19.5% from year-ago when stocks were just below 2.7 million. Inventory has remained in the 2.1 million- to 2.2 million-unit range for the last three months, while LV sales have averaged slightly more than 11 million on a seasonally adjusted annual rate. The industry appears to have struck a comfortable balance between stocks and sales during the ...

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