By Justin Hyde DETROIT, May 28 (Reuters) - The U.S. auto industry's traditional spring selling season may have lost its bounce this year, as analysts predict weak new car and truck sales in May despite another round of incentives. With inventories already swollen and incentives running nearly 50 percent higher than a year ago, poor May sales could trigger more generous rebates and cut-rate loans. Slow sales could also force steeper production cuts by Detroit's Big Three automakers in the ...
Premium Content (PAID Subscription Required)
"Automakers braced for weak U.S. May sales results" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.