Economy
June 3, 2014
Surging Auto Sales in May
Written by Sandy Williams
The auto sale roundup for May started out with gusto. Early reporter Chrysler posted US automotive sales at 194,421 units, a 17 percent increase year over year. Chrysler’s Jeep brand set a sales record in May with 64 percent jump in sales. On CNBC this morning, they were reporting Chrysler as saying their forecast was for auto sales to reach 16.9 million units on a SAAR basis.
General Motors sales were up 13 percent with delivery of 284,694 vehicles in May, marking the best May in seven years and the best total sales since August 2008.
