S&p global mobility: growing inventories and falling prices, but us auto sales growth still progressing slowly

New light vehicle sales in may are expected to maintain the gradual pace of the preceding months; uncertainty remains for remainder of year southfield, mich. , may 24, 2023 /prnewswire/ -- as the market awaits a clear signal that either growing new-vehicle inventories or consumer affordability issues will emerge as the main determinant of auto sales trends in the immediate term, new u.s. light vehicle demand in may is expected to soldier on uneventfully and maintain its unsteady climb.
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