Ward’s is forecasting daily sales of U.S. light vehicles to rise slightly in July (26 selling days), over June (25 days), with overall volume increasing 40,000 to 50,000 units. Any rise over last month’s DSR likely will push the seasonally adjusted annual rate ahead of May’s 9.7 million, as the two months have been averaging nearly identical selling rates for the last five years. However, Ward’s is using estimated SAAR factors for July until the Bureau of Economic Analysis releases the ...
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