US SALES: SAAR remains above 13m for third month

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Despite the natural and other disasters in Japan, US light vehicle sales continued to show improvement. According to Ward's, sales topped 1.15m for the month, producing a seasonally adjusted annualised rate (SAAR) of 13.17m, up 1.91m from April 2010 and nearly 60,000 from March 2011. That makes three months running the SAAR has been above 13m.