Ford, General Motors and Toyota Post Declining May Auto Sales

May was a rough month for auto sales, according to fresh data released by automakers on Wednesday.
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May was a rough month for auto sales, according to fresh data released by automakers on Wednesday. Ford (F) - Get Report sales fell 5.9 percent from the same period a year ago to 235,997 vehicles during the month. Though its F-Series truck posted a nine percent gain, with 67,412 trucks sold. General Motors (GM) - Get Report reported an 18 percent decline in sales over the past year, selling 240,540 units, missing estimates of a 13.1 percent decline. The company said a parts shortage from the Japan earthquake hampered production. Fiat Chrysler's (FCAU) - Get Report sales rose one percent, compared to May of 2015, to 204,452 vehicles, and was the automaker's best May since 2005. The highlights for the quarter include Jeep sales, which rose 14 percent. Its Ram Truck also shined during the month. Toyota TM sold 219,339 units in May, a drop of 9.6 percent year-over-year. TheStreet's Scott Gamm reports from Wall Street.