U.S. dealers can be excused for wondering if and when their lots will ever again see a “normal” days’ supply of light vehicles, as a one-third decline in unit stock in May translated into a subpar 53 days’. Only twice in the past 15 months – 67 days’ supply in January and 61 last November – has the LV tally been in the 60-70 days’ range traditionally thought to provide the best choice of models to consumers, while not saddling dealers with ...

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