The number of new light-vehicles on U.S. dealer lots dropped by 144,945 units to 2,161,100 at the end of May, bringing to 330,404 the number of units cut from inventory since March 31, as Japanese auto makers here and in the home market struggled with parts shortages. As a result, April’s already low 54 days’ supply fell further to a sales-stopping 49 in May, nearly on par with year-ago, when demand was just starting to revive after 2009’s economic collapse. Related document: ...
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