U.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)