US auto sales hit best pace since 2005

Total industry sales rose 1.6 percent compared with May 2014 while the sales pace came in at an adjusted, annualized rate of 17.9 million vehicles, according to Autodata. While the sales pace was slightly inflated by a quirk of the calendar -- there were five weekends this May along with the Memorial Day holiday -- analysts said it remains good news for automakers and the economy as a whole.