May U.S. auto sales are expected to rebound from an April slowdown, easing concerns of another spring swoon, forecasters said.
The light-vehicle seasonally adjusted annual selling rate for this month will be 15.2 million, both LMC Automotive/J.D. Power and Associates and TrueCar.com predicted today. The April sales rate, or SAAR, was 14.9 million, ending five straight months above the 15 million mark.
