PREVIEW-Higher prices, fewer cars likely hurt May auto sales

Newswire

* WHAT: May U.S. auto sales * WHEN: Wednesday, June 1 * CONSENSUS FORECAST: Annual sales rate of 12.6 million By Deepa Seetharaman DETROIT, May 31 (Reuters) - Higher car prices and a shortage of fuel-efficient vehicles likely threw a roadblock in the U.S. auto industry's recovery path in May, when the Japan crisis had its biggest impact on U.S. sales so far. Economists polled by Reuters projected the industrywide annualized sales rate would be around 12.6 million in May, 8.6 ...

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