Automakers See May Sales Slump

Executives hold hope for revival of battered industry

hondaacura_tl_sedan

With 3,375 units sold, the Acura TL sedan was the division's top seller. (Source: Honda)

Honda

Honda reported a 39% decline in May sales, retailing 98,344 vehicles. Total car sales decreased by 49% to 51,947 and light truck sales saw a drop of 19% to 36,928.

“Staying true to the course of providing fuel- efficient, high-quality, fun-to-drive vehicles will hopefully help see us through to the economic recovery,” said John Mendel executive vice president of sales for American Honda.

The Acura division reported sales of 9,469, a decrease of 34% compared with May 2008. With 3,375 units sold, the TL sedan was the division’s top seller.

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