May vehicle sales climb with reopening, but riots threaten growth | Auto Finance News | Auto Finance News

May vehicle sales climb with reopening, but riots threaten growth

Photographer: Jeenah Moon/Bloomberg

U.S. automotive sales in May showed signs of bouncing back from the COVID-19 pandemic, with the seasonally adjusted annual rate (SAAR) jumping to 12.7 million units in May, up from 8.6 million in April, according to Chris Hopson, manager at IHS Markit. TrueCar ALG originally forecast late last month that May’s new-vehicle sales would come […]

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