Contact Us
Make My Homepage

Automakers See Big US Sales Gains in May

DETROIT (AP) — Brisk demand for SUVs and pickup trucks – and a strong Memorial Day weekend – was expected to push U.S. auto sales to a seven-year high in May.

Nissan’s U.S. sales jumped 19 percent over last May as buyers snapped up the new Sentra small car and Rogue SUV.

Chrysler’s U.S. sales jumped 17 percent, boosted by strong demand for the new Jeep Cherokee small SUV. Chrysler said its Jeep brand sales jumped 58 percent and set an all-time monthly sales record, with 70,203 vehicles sold in May.

In this March 14, 2014 photo, a 2015 Chrysler 200 automobile moves down the assembly line at the Sterling Heights Assembly Plant in Sterling Heights, Mich. Automakers report sales for May on Tuesday, June 3, 2014. (AP Photo/Paul Sancya)

Even General Motors, in the throes of a recall crisis, saw sales rise 13 percent from a year ago. Sales of the Chevrolet Corvette more than tripled, while GMC Sierra pickup truck sales rose 14 percent.

Other automakers are set to report sales later Tuesday.

Analysts expect sales to rise 7 percent to 8 percent to 1.56 million in May, helping erase doubts about the strength of the industry. January and February sales were weaker than expected as consumers spent more time shoveling snow than shopping.

“We’re still recovering from the low first-quarter numbers that we saw,” said Jeff Schuster, executive vice president of forecasting for LMC Automotive, an industry consulting firm. “It’s the continued recovery in the summer selling season, kind of everything aligning in the month of May.”

May traditionally is among the best sales months every year, and Schuster said last month’s sales were strong even without big discounts by automakers.

Auto sales have led the uneven U.S. economic recovery for the last few years, and Schuster expects that to continue. But the pace is expected to slow as annual sales top a natural peak of around 16 million. U.S. auto sales totaled 15.6 million in 2013, up from 10.4 million at the depths of the recession in 2009.

© 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Learn more about our Privacy Policy and Terms of Use.

Best of NJ101.5

Recommended For You

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to using your original account information.

*Please note that your prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Not a member? Sign up here

Sign up for New Jersey Insiders quickly by connecting your Facebook account. It's just as secure and no password to remember!

Sign up to have exclusive New Jersey Insiders contests, events, coupons, presales, and much more delivered to you for FREE.