COVID-19: May US Japanese vehicle sales: 20% decrease at 4 companies, corona impact continues
[New York KYODO]
4 Japanese manufacturers:
Four Japanese automakers announced on June 2 the number of US new car sales in May.
Compared to the same month last year, it was 362,953 units, a decrease of 20.6%.
Movements to relax restrictions have spread in many states.
The rate of decrease has improved significantly from the 52.4% decrease in April.
Toyota Motor had the largest decline, down 25.7% to 165,055 units.
KYODO
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May’s U.S. auto sales trends show promise for reopening
DETROIT —
Multiple automakers
are reporting strong U.S. sales rebounds in May as localities began easing pandemic retail restrictions, lending credence to previous assertions from within the U.S. manufacturing industry that inventories will need shoring up as customers return to showrooms.
Hyundai’s overall U.S. sales in May
fell 13%, but that was significantly better than the 33% industry decline Cox Automotive had forecast.
Hyundai cited a 5% increase in retail sales. Volume at luxury subsidiary Genesis fell in line with industry projections, showing a 31% decline.
Both were noteworthy rebounds over April numbers.
Toyota said overall U.S. sales
fell about 26% in May, but retail demand rebounded to 86% of levels in May 2019, exceeding the company’s forecasts. Retail sales almost doubled from April to May, a spokesman said.Mazda,
which has been struggling to find its footing over the past two years, rebounded to just a 1-percent decline in May thanks in large part to the addition of the new CX-30 crossover to the lineup.
Its volumes made up for declines in all other models save for the Miata and CX-9.
Autoblog
https://www.autoblog.com/amp/2020/06/02/may-2020-us-auto-sales/