Wednesday, June 1, 2016

May US auto sales seen down on 2 fewer selling days than year ago

May US auto sales seen down on 2 fewer selling days than year ago: "
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The U.S. auto industry looks set to remain on course for another record year in 2016, even if new vehicle sales in May reported later on Wednesday come in worse than expected, analysts and economists said.

General Motors plunged 18 percent in the month. Sales were seen dropping 13.1 percent by Edmunds and 8 percent by TrueCar.
Ford Motor said sales fell 5.9 percent. The automaker's May sales were seen down 3 percent by Edmunds and 5 percent by TrueCar. F-series truck sales were up 9 percent in the month."



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