May Auto Sales Positive All Around; Japanese Autos Show Strong Recovery
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Auto sales during May were stronger than anticipated as a rebound in Toyota and Honda sales following the March 2011 earthquake and subsequent production cuts led to a massive surge. On the other side of the world, most U.S. automakers tried to best stronger comps.
The following is a brief list of May sales:
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The following is a brief list of May sales:
- General Motors (NYSE: GM) - up 11 percent;
- Ford Motor (NYSE: F) - up 13 percent;
- Toyota (NYSE: TM) - up 87 percent;
- Chrysler - up 30 percent;
- Volkswagen - up 28 percent;
- Nissan - up 21 percent;
- BMW - up 7.1 percent;
- Mazda - up 13.8 percent;
- Hyundai - up 13 percent;
- Honda (NYSE: HMC) - up 47.6 percent;
- Nissan (OTCBB: NSANY) - up 20.5 percent.
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