The U.S. automotive scene changed little in May: General Motors Corp. and Ford Motor Co. again reported decreased demand ...more
GM, Ford Sales Fall as Asian Brands Gain (2)
Ford's Mustang coupe had its highest May sales since 1980, up 47 percent from last May. But that blistering pace will likely subside in June, Pipas said, because the company can't keep up with demand. GM's Cadillac division also enjoyed its best sales month in 12 years....more
Sales: Detroit Down; Tokyo, Seoul Up
The pace of new car sales slowed perceptibly during May despite strong showings by Toyota and Nissan, which continued to gain market share at the expense of General Motors Corp. and Ford Motor Co....more
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