May Sales Figures Bode Well for Industry

The Detroit Bureau - June 1, 2012

New vehi­cles sales remain strong in May for most automak­ers – with Chrysler, Ford, GM, Hon­da, Nis­san, Toy­ota and Volk­swa­gen all report­ing dou­ble dig­it increas­es. Ana­lysts expect sales for 2012 to reach 14.5 mil­lion, up from 12.8 mil­lion last year. Mean­while, Chrysler report­ed 150,000+ sales in May and Ford sales totaled 216,267 vehi­cles, with many mak­ers increas­ing their year­ly fore­casts based on sales to date.

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