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FCA's forecast is slightly more optimistic than those of Wall
Street analysts surveyed by Reuters, who expected a 1 percent
fall-off in May U.S. auto sales.
FCA's U.S. sales rose 4 percent to 202,227 vehicles in May, its
62nd consecutive month of year-over-year sales growth, as it
continued a turnaround after enduring a federally sponsored
bankruptcy in 2009. Prior to the winning streak, the company had
more than two years of monthly year-over-year sales declines.
It was the first time the company topped 200,000 in monthly
sales since March 2007.
FCA's Jeep sports utilities and Ram truck brands continued to
pace the company. U.S. Jeep sales jumped 13 percent and Ram
trucks rose 8 percent. But the Fiat brand continued to flounder,
with sales down 19 percent.
Auto sales are viewed each month as an early snapshot of U.S.
consumer spending.
There was one fewer selling day in May compared with a year ago.
(Editing by Jeffrey Benkoe)
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