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U.S. Sales to Rise in March, Q2; Inventory Remains Headed for New Highs

Executive Summary

U.S. new-vehicle sales are forecast to continue their upward trend in March and into the second quarter. Ward’s is forecasting a 16.7 million seasonally adjusted annual rate (SAAR) for the month, up from the prior month’s 16.3 million and January’s 16.1 million. The SAAR also is higher than year-ago’s 16.1 million. March’s results will bring the first quarter to a 16.4 million SAAR, 3.1% above January-March

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