(Reuters) - U.S. auto sales steadied in May to show surprising strength in the face of high gas prices and a weak housing market, led by gains for industry leaders General Motors Corp. and Toyota Motor Corp.
Ford Motor Co. posted a 10 percent sales drop as it pulled back from low-margin sales to rental agencies and failed to make up for the lost volume in its U.S. showrooms.
Read more at Reuters Africa
Ford Motor Co. posted a 10 percent sales drop as it pulled back from low-margin sales to rental agencies and failed to make up for the lost volume in its U.S. showrooms.
Read more at Reuters Africa
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