U.S. light-vehicle sales are forecast to take a dive in January, while inventories are expected to remain high despite widespread production cutbacks. Additionally, first-quarter deliveries likely will fall below year-ago results, assuming manufacturers show restraint regarding sales incentives. Ward’s is forecasting January light-vehicle sales to post a 15.7 million seasonally adjusted annual rate (SAAR), following December’s surge to 18.3 million. That also is down from year-ago’s 16.3 ...

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