U.S. sales on a seasonally adjusted basis should continue to rise for the third month in a row in May, as incentives remain at high levels. At the same time, domestic inventories will appear too high at month’s end. But a more extended outlook shows car and truck stocks should be in relatively good shape by the end of June. U.S. new vehicle market continuing rebound this month. Ward’s is forecasting U.S. light-vehicle sales to finish the month at a 16.6 million-unit seasonally ...
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