Auto Sales Spike in May

Sales rebound as consumers return to showrooms amid better selection and improved incentives.
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Sales rebound as consumers return to showrooms amid better selection and improved incentives.
Robust demand and increased vehicle availability drive significant growth.
Based on its May sales totals, the American International Automobile Dealers Association (AIADA) reported that a larger percentage of new vehicles sold during the month came from international brands.
Despite the annual sales rate dipping from 14.42 million in April to 13.78 million, May retail sales were 25.7 percent higher than May 2011, according to Autodata Corp.
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