After cutting incentives some $300 per vehicle in April, Ford says it raised discounts to industry-average rates in May, Bloomberg News reports.
A new study from ALG says Ford and Hyundai posted large gains in perceived quality, but Honda, Toyota and Subaru still top the list. The study’s bottom feeder — no surprise — is Smart.
Analysts surveyed by Bloomberg News expect Toyota to post the highest gains of any major automaker with nearly double the sales of a tsunami-restricted May 2011. The industry reports sales on Friday.