GM, Ford Sales Fall as Higher Gas Prices Hit Buyers

General Motors Co. (GM), Ford Motor Co. (F) and Toyota Motor Corp. (7203) reported U.S. sales in May fell, trailing analysts’ estimates, as higher gasoline prices and smaller discount offers deterred purchases.

http://www.bloomberg.com/news/2011-06-01/gm-may-u-s-vehicle-sales-decline-1-2-missing-estimate-of-1-5-increase.html