May auto sales increase for 10th month on pent-up demand

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May marked a bright spot for auto manufacturers as sales jumped amid increasing supply and incentive spending, marking the 10th consecutive month of year-over-year gains, but momentum could soon falter. The seasonally adjusted annualized rate (SAAR) clocked in at 15 million units, up 19.6% YoY but down 6.5% from April, according to the U.S. Bureau […]





Source : AutoFinanceNews