With some goosing from post-holiday results, U.S. sales soared above expectations in May. May’s seasonally adjusted annual rate of 16.7 million units was the highest since the same total in February 2007. The SAAR also was well above the prior month’s 16.0 million and same-month 2013’s 15.4 million. The year-to-date SAAR through May was 16.0 million, compared with 15.3 million during 5-months 2013, and the highest January-May total since 16.3 million in 2007. Sales ...
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