May auto sales are coming in better than forecast
I just wanted to post a quick message to share the fact that U.S. light vehicle sales in May (which are being reported as I write this) are coming in much better than expected. Here's who's reported so far:
General Motors +17%
Mercedes (including Smart) +22%
None of the Big 3 Japanese, Nissan, Toyota, and Honda have reported yet. Neither have the Koreans. If I have time later, I'll post additional brands in the comments section.