US Auto Industry Sees Glimmer of Hope as Sales Expected to Bounce Back in May After a four-month slide, the US light-vehicle market is poised to experience a much-needed boost in May, with forecasters predicting a modest increase in deliveries. According to industry analysts, sales are expected to rise by 0.1 to 1.9 percent, marking the first uptick in 2023. The turnaround comes as a welcome respite for automakers who have been struggling with weak demand and inventory buildup. As the industry eyes this potential rebound, it remains to be seen whether it signals a sustained recovery or a temporary blip in a larger market trend.
After falling four consecutive months, U.S. light-vehicle sales are expected to rise for the first time this year in May, with deliveries up 0.1 percent to 1.9 percent, based on forecasts.
