May Car, Truck Sales Jump W/ Higher Rebates Attached


Unit­ed States new-vehi­cle sales rose 3.4 per­cent in May from a year ago with 1.63 mil­lion retail sales recorded–equal to a sea­son­l­ly adjust­ed annu­al rate of 17.8 mil­lion vehi­cles. Aggres­sive incen­tives con­tin­ue to pay off for the Big-3 as the Detroit automak­ers boost aver­age incen­tives to about $4,300 per vehi­cle.