U.S. light-vehicle sales likely will dip below a 13 million-unit seasonally adjusted annual rate this month, marking the first time the SAAR has fallen that low since February 1993, according to a Ward’s forecast. June also could record another milestone, as Toyota Motor Corp. is threatening to unseat General Motors Corp. as the country’s top seller for the first time in a single month, the forecast indicates. The question now becomes whether June represents a bottoming out of demand or ...

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