qr-play-store play store

U.S. car and truck sales cool down in January

01 Feb 2017
1177 comments
9649 views
U.S. car and truck sales cool down in January

We knew that U.S. car and truck sales slipped 1.8% in January as automakers pulled back on bulk sales to rental, government and business fleets and concentrated on more profitable retail sales to individual consumers.

 

 

Fleet sales, particularly those to rental agencies, are skewed toward passenger cars, which are falling out of favor as consumers shift to sport utility vehicles and trucks. Nissan's Rogue SUV continued to be Nissan’s top seller as sales soared 45.5% in January. It’s important to notice that 62.6% of January U.S. sales were of SUVs and trucks, up from 58.2% a year ago. January sales fell 1.8 percent to 1.14 million vehicles, or a seasonally adjusted annualized rate of 17.61 million vehicles, down from 17.9 million vehicles a year earlier. Industry executives are optimistic that sales could hit another record in 2017, with a boost from pro-growth economic and regulatory policies expected from President Donald Trump. Many forecasters had earlier predicted a decline in U.S. vehicle sales this year. Even with U.S. consumer confidence falling in January, households remained upbeat about the labor market, suggesting the economy would continue to grow this year.

 

 

General Motors Co. posted a 3.8% decline in January sales from a year ago, while crosstown rival Ford Motor Co said overall sales slipped by 0.6%. Honda Motor Co Ltd and Nissan Motor Co Ltd both had sales gains of 6% in January, but Toyota Motor Corpreported a surprising drop of 11%. Fiat Chrysler Automobiles said January sales slid 11%, reflecting a cut in deliveries to fleets. Sales of its Jeep brand of sport utilities fell 7 %.

0 1
Comments:
2024-09-07 13:28:30
Aging Gracefully - Strategies for Healthy Longevity rhino pills vs viagra?
2024-09-07 09:16:00
Medications and Chronic Cough Relief - Soothing Respiratory Irritation what does a generic viagra pill look like?
2024-09-06 19:24:44
Are there OTC options for IgA nephropathy relief cialis prices?
2024-09-06 18:56:26
How does the USA regulate the use of medicines in the context of medication disposal to prevent harm to the environment cialis generic?
2024-09-04 06:14:16
Can the FDA regulate dietary supplements and herbal products Tadalafil research?
  • Jaw-dropping deals this Spring at RepoKar
    27 Feb 2017

    Spring is right around the corner! With melting snow comes rising car sales. Longer days and brighter sunlight mean it’s the season to think about the best used cars for spring; vehicles that allow you to appreciate blue skies, while getting a head start to summer. The sooner you decide on your dream car, the greater the possibility of finding the best deals.  At RepoKar, we want to be sure that you've got everything you need to start the season fresh with a smile on your face. That’s why we’ve prepared amazing, hassle free used cars, trucks, and SUVs for our fr...

    7 8
    206302
    2127152 views
  • BMW Recalls 300,000 Cars That Risk Stalling
    10 May 2018

    Hundred of thousands of BMW owners found out that their cars may have the same fault as the one that caused a death in a crash in 2016. The carmaker issued a recall which affects around 312, 00 UK vehicles after a BBC investigation showed the scale of the problem.  The affected models are BMW 1 Series, 3 Series, Z4 and X1 diesel and petrol models that were made between March 2007 and August 2011. Narayan Gurung died on Christmas Day 2016 when he crashed into a tree in Hampshire while swerving to avoid a BMW which stalled due to an electrical fault. An investigation by BBC Watchdog, t...

    0 0
    11450
    1244168 views
  • Diesel Cars VS Electric Cars
    17 May 2019

    Between loyal customers and car dealers lie an important dilemma that begs for an answer - What is the future of diesel cars and electric vehicles? Today at RepoKar, we are ready to tackle this predicament.Auto manufacturers and the combustible industries have often mentioned the idea that electric cars are worse for the environment than diesel and gasoline-powered vehicles because they are powered by dirty electricity.If we want to talk about fuel efficiency, noise pollution, and air quality, then EVs are clearly the outright winner. But if we're talking about torque or initial price, the...

    2 4
    19200
    621624 views
  • Fire Risk: BMW Recalls 185,000 Cars TODAY
    19 Apr 2019

    The recall expansion covers 3 Series, 5 Series and Z4 models from the 2006 model year. The problem has been traced to irregularities in the manufacturing process that could allow moisture to occur near the PCV valve heater and lead to a short circuit. The PCV valve is an emissions device that keeps pollutants created by an engine from being released into the atmosphere. It also helps keep the engine oil clean and prevents crankcase pressure from building up. BMW warns its customers to stop driving the vehicle if there is smoke coming from the engine, or if the driver smells smoke or plast...

    4 3
    4841
    110817 views
Search on the blog
Find us on

Last added auctions

2012 Ford ESCAPE
62571 views
19 photos
3,400.00
No bids
2012 Nissan MURANO
66140 views
13 photos
3,500.00
No bids
2000 Honda CR-V
63171 views
12 photos
1,200.00
No bids
2012 Mazda MAZDA3
63145 views
16 photos
2,500.00
No bids