CHICAGO, (Xinhua) -- U.S. big three auto makers post year-over-year sales increase in May that beat analysts expectations, according to statistics released on Tuesday, with Chrysler Group LLC's 17 percent sales gain leading the way.
The Auburn Hills-based Chrysler reported U.S. sales of 194,421 units, a 17 percent increase compared with sales in May 2013 (166, 596 units), and it is the group's best May sales since 2007, according to the press release on its official website.
The Jeep, Dodge, Ram Truck and FIAT brands each posted year- over-year sales gains in May compared with the same month a year ago. The Jeep brand's 58 percent increase was the largest sales gain of any Chrysler Group brand during May and its best sales month ever. Chrysler Group extended its streak of year-over-year sales gains to 50-consecutive months in May.
General Motors Corporation dealers delivered 284,694 vehicles in the United States in May, up 13 percent compared to a year ago, marking the company's best May in seven years and its best total sales since August 2008. Retail sales, namely the vehicles sold to individual buyers, were up 10 percent while fleet sales were up 21 percent.
"The momentum we generated in April carried into May, with all four brands performing well in a growing economy and 17 vehicle lines posting double-digit retail sales increases or better," said Kurt McNeil, U.S. vice president of Sales Operations.
Analysts had predicted Ford sales to be flat for May. However, the company sold 245,239 vehicles and saw retail sales rise 6 percent, as Ford brand sales were up 2.5 percent and Lincoln brand sales rose 21.1 percent.