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Dueling Sales Forecasts for March. Up or Down?

The conflicting numbers are because of a technicality. Two additional selling days will help this month’s volume as the SAAR will stay relatively consistent with recent months. Kelly relies on a monthly total. J.D. Power adjusts for selling days. Nonetheless, March at 1.6 million light vehicle sales. The seasonally adjusted annualized rate (SAAR) for retail sales in March 2016 is expected to reach 13.4 million units, down slightly from 13.5 million units in March 2015. Continue reading

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