Ford expects rise in U.S. retail sales in May

Newswire

By Poornima Gupta DETROIT, May 30 (Reuters) - Ford Motor Co. said it would see an increase in U.S. retail sales in May for the first time in six months, but overall sales were expected to decline as the automaker continued to cut low-margin sales to daily rental companies. "We will be reporting an increase in retail sales this month," Ford chief sales analyst George Pipas told reporters on Tuesday evening, adding that crossover sport utility vehicles and cars were driving the improvement ...

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