Ward's is forecasting record volume in May for U.S. light vehicle sales, including the highest daily selling rate (DSR) ever but “only” the third highest seasonally adjusted annual rate (SAAR) on record. Normal seasonal trends indicate that May sales will rise about 15% from April, based on DSRs, with manufacturers prepped with strong inventories to take advantage of what's typically the highest volume month of the year. Possible roadblocks to a record month are the volatile stock market — ...
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