USA May 2020: Decline thaws to -33% but plateauing retail, devastated fleets point to shaky recovery
The U.S. recovery is hampered by absent fleet sales, notably rental cars.
U.S. new light vehicle sales are estimated to fall -33% year-on-year in May to 1.065.000 units according Edmunds, ALG and Cox Automotive, compared to a revised -50% and 668.000 in April. This pulls the year-to-date tally down
