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June U.S. Light-Vehicle Sales to Improve on May; Stay Softer than January-April

Executive Summary

If the June forecast holds firm, volume will rise in Q2 from Q1, but the quarter will end at a 13.5-million-unit annualized rate, a drop from January-March’s 14.1 million, meaning second-half deliveries will have to run near a 16 million-unit SAAR for the entire year to match 2021’s sales of 14.9 million.   

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