May’s new-vehicle sales pace is forecast to reach approximately 16.0 million, up slightly compared to last May’s 15.8 million pace but down from April’s strong 17.3 million level.

• The sales volume of new vehicles for May is projected to reach 1.50 million units, representing an increase of 3.2% compared to the same period last year and a rise of 2.5% from April.
• May is likely the last month to exhibit pull-ahead sales gains, and sales momentum is expected to slow further in the months ahead.