Automakers report strong uptick in May sales

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Reuters: Automakers reported higher-than-expected new car sales in the United States in May.

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Reuters: Automakers reported higher-than-expected new car sales in the United States in May.

General Motors Co, Ford Motor Co and Chrysler Group beat analysts’ expectations, as did Toyota Motor Corp and Nissan Motor Co. GM and Chrysler said May sales were the best for that month in seven years, and Nissan set a sales record for the month.

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