Toyota Prius Sales Triple in May
Toyota Motor Corp., Japan's biggest automaker, boosted U.S. sales 14 percent in May, outselling Ford Motor Co. in its home market for the third time in seven months.
The increase moved Toyota a step closer to passing Ford to become the No. 2 seller of vehicles in the U.S. Ford failed to stem plunging truck sales while cutting back on low-margin car sales to rental companies. General Motors Corp., the biggest U.S. automaker, had a surprise 9.6 percent rise.
"We're going to continue to see Ford struggle as they go through their transition period," said Rebecca Lindland, an analyst with Global Insight Inc. in Lexington, Massachusetts. "We're going to continue to see Toyota pushing forward."
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