Auto sales increase again in May: Auto sales in May rose 15.9% m-o-m to 14.3k units in May, up from 12.3k in April, according to figures from the Automotive Marketing Information Council (Amic) seen by EnterpriseAM. May’s sales mark the highest monthly sales volume seen since June 2022 and extends the market’s recovery streak, which has been building steadily since February following January’s sharp 22.0% drop.

Passenger vehicle sales climbed 13.1% m-o-m to 11.1k units in May, extending the rebound in sales that started in February. Meanwhile, truck sales jumped 28% m-o-m to reach 2.4k units, and bus sales rose 23.6% m-o-m to 792 units.

May’s figures reflect a strong improvement compared to the same month last year, as total auto sales rose 127.7% y-o-y. Passenger vehicle sales surged 131.4% y-o-y, bus sales increased 76%, and truck sales climbed 133.2% y-o-y. May 2025 saw 14.3k units sold compared to 6.3k units in May 2024.

REMEMBER- Auto sales saw a partial recovery last year, growing some 13.2% y-o-y with some 102.2k vehicles sold throughout the year after the market got the chance to catch its breath after a turbulent period triggered by an FX crunch that limited supply in the market and gave distributors leverage to hike prices as they pleased.

A caveat to the numbers: Amic figures are sourced from member distributors, representing the bulk — but not the entirety — of the industry.

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