Chrysler Sales Up 30 Percent, Ford and GM Post Big Gains

Chrysler Sales Up 30 Percent, Ford and GM Post Big Gains

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New car lot - photo by gracey, via MorguefileU.S. auto sales remained an economic bright spot in May, with carmakers reporting double-digit sales gains last month.

Chrysler’s US sales jumped 30 percent. Ford rose 13 percent and GM was up 11 percent.

Meanwhile, a monthly survey of consumer confidence by Thompson Reuters and the University of Michigan showed American sentiment at its highest level in four-and-a-half years, partly because gasoline prices have dropped.

(READ the AP story in NPR News)

Photo by gracey, via Morguefile

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