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High warranty costs a challenge for Tesla; Ford to temporarily idle F-150 line, inventories near 10-year high; VW chief apologizes to Obama for scandal; The hack of a lifetime?
As Wall Street frets that excess vehicles in inventory will spark production cuts and deep discounting, U.S. auto supplies have risen to the highest level in 11 months.
U.S. light vehicle stocks started September in near-ideal form after August's robust sales pace.
Light-vehicle stocks drifted upward in June, a month in which U.S. sales rose 3.9 percent.
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