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Toyota, Honda Back On Top For May

New vehicle sales jumped more than 20% in May as carmakers had one of their best months since the 2008 financial crisis. Fast-falling fuel prices and the increasing availability of credit helped. The biggest gains were Honda and Toyota. The latter saw a 73% increase, indicating it not only had recovered from the shortages created by last year’s Japanese earthquake and tsunami but also that new products were winning over customers. Honda saw a 47.6% sales jump, 46% at the flagship Honda brand and 62% for the Acura marque.

Read the whole story at The Detroit Bureau »

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