U.S. May auto sales rise slightly on mixed results
Robust Memorial Day weekend sales also bolstered retail auto deliveries, carmakers said. “The U.S. economy remains on a favourable trajectory,” said Ford Motor Co (F.N) chief economist Emily Kolinski Morris during a media briefing call on Friday. Ford estimated full-year industry sales could fall slightly to the high 16 million to low 17 million range, as automakers trim low-margin sales to fleet customers and deal with an increase in used cars coming off lease to compete with new vehicles.
Source:: https://finance.yahoo.com/news/fiat-chrysler-reports-11-percent-132236294.html
