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U.S. Sales to Continue Strong in April; Inventory Nearly Flat With Year-Ago

Executive Summary

U.S. sales are expected to continue to run strong in April, as the industry chugs toward what likely will be at least its third-best year in history, based on a Ward's forecast for the month. Sales are projected to hit a seasonally adjusted annual rate (SAAR) of 16.94 million in April, relatively even compared to the prior month's 17.09 million, but well below like-2000's 17.84 million. On a volume

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