Biz: U.S. auto companies beat foreign competitors in May, with a caveat
- USA! USA! May was the first month in five years that Detroit’s Big Three automakers beat their foreign competition in total sales, likely welcome news to those who rely on the domestic auto market to make their livings.
- easy there The Big Three’s big win came on the backs of a terrible month for foreign competition — Toyota was down 33%, and Honda 23%. This allowed U.S. auto companies to take the lead, despite actually seeing a drop in sales. source