U.S. light-vehicle sales in June on a seasonally adjusted basis will pale compared with May’s sky-high results, but volume will be strong and the month will be a good launching pad for another blowout third-quarter. Ward’s is forecasting June sales at a 16.8 million seasonally adjusted annual rate (SAAR), down from May’s surge to 17.8 million but ahead of year-ago’s 16.5 million. (See related data: June 2004 Inventory Forecast) The second-quarter SAAR will end at 17 million, ...
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