US auto sales fall for fifth straight month in May
DETROIT (AP) — U.S. auto sales fell for the fifth straight month in May, bolstering expectations for the first annual sales decline since 2009. Some industry analysts lowered predictions for the year as General Motors, Fiat Chrysler, Hyundai and Toyota all reported May decreases compared with a year ago. Ford, Honda, Nissan and Volkswagen said their sales were up. The figures added up to just over 1.5 million vehicles sold and a 0.9 percent decrease. Tom Libby, an industry analyst with IHS Markit, said although economic fundamentals such as unemployment, consumer confidence, gas ...