Wards Intelligence is pegging July U.S. light-vehicle sales at a 16.7 million-unit seasonally adjusted annual rate, same as a year-ago but below the May-June combined total of 17.3 million, as well as the 16.9 million posted over first-half 2019. Fleet volume is expected to continue outpacing same-period year-ago volumes, while retail deliveries will continue their long-time trend of declines. Anticipated incentive spending will not fluctuate much from June or the year-ago period. Industry ...

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