There are more signs that consumers are back at the dealerships where they're not only buying new vehicles but signing leases as well.
With sales of domestically produced vehicles totaling 11.96 million units in May, last month performance was the best May on record in more than five years, according to Brian Turner, chief strategist for Catalyst Strategic Solutions, an investment subsidiary of Catalyst Corporate Federal Credit Union in Plano, Texas.
While May's total sales were up 100,000 units from April, Turner said the figure is 200,000 less than the annualized pace for all of 2012. Still, credit unions have noticed the uptick in financing.
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