Most automakers saw their U.S. sales grow in May... and it was a very good month for Toyota Motor Sales U.S.A. Inc., which set a monthly sales record and finished behind General Motors as the second-ranked automaker for the month. Toyota Motor Sales' big month pushed it past Ford Motor Co., which was one of only three automakers to post a sales decline in May. U.S. auto sales totaled 1,564,170 units in May, up 5.0 percent from a year ago.
Ford Motor's U.S. sales dropped 6.9 percent in May from a year earlier, as pickup and SUV sales continued to fall. Also, the automaker got hit by falling sales of the Ford Five Hundred sedan, which is being rebranded as the Taurus for the 2008 model year. Ford said May retail or showroom sales were 3 percent lower than in May 2006. While the company's truck sales were flat, demand for its best-selling and high-margin F-series pickups fell 11.7 percent. Earlier this week, the company had forecast a slight increase in retail sales for May.
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