May Auto Sales Positive All Around; Japanese Autos Show Strong Recovery

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:

• 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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