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May Car Sales to Hit New Record

Once again and following the same trend as the past months of this year, May has already surpassed the expected car sales growth.

All manufacturers are expected to report very good percentages in car sales this month. As an example, Toyota is the big winner this month, with approximately 89.5% sales growth. Honda is taking the second spot with about 49.5%, followed by Fiat with 42.2% and then Ford with 28.1%.

So far this year, auto sales have reached over 14 million, topping 2011. Experts believe the continuous offers, deals, rebate and incentives are the main reason for the rise.

Almost all manufacturers increased the amount of incentives, making this, the most attractive part of buying a new car.

More big discounts will be offered on 2012 models in the coming months, as dealers need to make room for the 2013 ones.

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