May sales at Chrysler improved to its highest level since 2007, and marked the 26th-consecutive month of year-over-year sales gains, as consumers purchased 150,041 units in May, a 30 per cent jump from a year ago, the automaker reported this morning.
FIAT brand sales rose 128 per cent from last year, and marked the fourth straight month of FIAT setting sales records.
Meanwhile, Ford sales increased 13%, beating estimates of a 12% increase of surveryors polled by Bloomberg.
GM just posted a 11% increase in sales, missing expectations of 15% of surveyors polled by Bloomberg.
Toyota posted U.S. sales increase of 87.3%. The number looks rather large, but there were very few Toyota sales in April, which makes this latest report look inflated.
Honda sales were up 47.6%, but missed estimations of 53%.
Nissan, Japan’s third largest automaker, reported May sales up 21% from a year ago.
More to come.
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