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U.S. auto sales this May are expected to be flat if we compare them with 2016 auto sales for the same month, but considering all the signs of stagnation isn’t that a good thing? Automakers in the U.S. market will report May sales on Thursday, June 1. The long Memorial Day weekend and sales promotions traditionally give May sales a boost. U.S. auto sales were down a disappointing 4.7 percent in April, compared with April 2016. Year to date, auto sales were down 2.4 percent after four months. It’s well documented by now that the slowdown in sales is hitting passe...
Some of you might ask yourself what’s so special about sports cars? They aren’t designed to go off-road, the biggest part of them have space for just one passenger and still the sports cars sales are up in US this Spring. U.S. sales of compact sports cars are up 3.4 percent in 2017, while overall car demand is off 12 percent, including an 11 percent slump in April. Truck sales, including crossovers and SUVs, have increased 4.4 percent so far in 2017.The big winner among small sports cars this year is Mazda’s MX-5 Miata, which, after a redesign, got off to a slow s...
U.S. auto sales did disappoint a lot as we told you în our previous article: U.S. April car sales decline deeper than expected. You knew about projections of 4% decrease and 3.1% decrease coming from major companies but even so it’s hard to understand what exactly happened with the car market industry. Here's how major foreign automakers fared: Toyota1st Projection: -4.8%2nd Projection: -4.8%Actual results: -4.4%The Japanese automaker sold 201,926 vehicles in the U.S. in April. The company's namesake Toyota brand recorded a 3.5% sales decrease, whi...
We’ve got for you a new forecast, and we are afraid it’s not a positive one. Expect the new car sales in U.S. to drop 3.1% in April to 1.445M units. Sales for mid-size SUVs/crossovers are expected to be 8%, while compact and small car sales are seen falling. Mid-size SUVs appear to have the largest impact in swaying consumers from buying mid-size cars and minivans, both of which are down 20 percent this year. The 2017 calls for U.S. auto sales might be approximately in the range of 16.8M to 17.3M units, which represents a 1% to 4% decline from last year. ...
Starting with October 2016, the SUV segment started to account for roughly one in every three vehicles sold. The Nissan Rogue is driving the sales, and became the top-selling nonpickup in America. Sales of crossovers since 2012 have increased 58 percent to more than 5.6 million sold in 2016, while car sales during that time declined 7.8 percent. Crossovers accounted for 33.9 percent, or 1.4 million, of the 4 million vehicles sold in the first quarter of 2017. The growth of crossovers comes as car sales face double-digit declines this year and the industry experienced a 1.6-percent f...
