The U.S. auto market is on track for recovery if the seasonally adjusted annual rate of retail sales stays within levels seen in recent months, says Chrysler LLC Vice Chairman and President Jim Press. Since October, the retail SAAR has fluctuated between 8.6 million vehicles and last month’s 7.6 million, according to Chrysler data. “If you get below that range, then you can begin to predict some real problems,” Press warns today in an interview with Ward’s. Observers might wonder what ...
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