Auto Sales Recovery Is For-Real, Record Sales Expected Third Month In A Row

There’s no need for an asterisk on the current boom in U.S. auto sales — it’s the real deal. Experts said auto sales are up in absolute terms, and not just a trick of statistics, relative to poor sales a year ago due to COVID-19.

Retail U.S. auto sales in May, not counting bulk sales to rental, government and commercial fleets, are expected to the highest ever for the month of May and the third month in a row of record retail sales, according to a joint forecast from J.D. Power and LMC Automotive.

The forecast calls for May retail sales of about 1.4 million. That would

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