Only Honda and Hyundai managed to buck the downward trend.
Major automakers on Tuesday posted lower U.S. new vehicle sales in April as consumer demand continued to weaken and competition intensified following a lengthy boom for the industry. Auto sales have been on a bit of a roller coaster ride this year, with a weak performance in February followed by a jump in sales for some automakers in March.
But incentive-heavy automakers "are now selling the deal instead of the vehicle. That's a tough spot to be in."
Automotive sales figures for August 2017 are starting to be reported.
DETROIT — Tropical Storm Harvey is likely to briefly depress already-slowing U.S. auto sales, but will eventually boost demand as damaged cars are replaced, analysts said on Tuesday. The catastrophic flooding in Houston, the fourth-largest U.S. city, could mean 2 percent fewer vehicles will be sold in August than previously expected, according to Edmunds.com. "In subsequent months we'll likely see a slight localized bump in sales as the recovery takes hold and people are ab
DETROIT (Reuters) - U.S. auto sales in April likely fell almost 2 percent from a year earlier, with consumer discounts remaining at levels high enough to threaten the industry's long-term health, industry consultants J.D. Power and LMC Automotive said on Tuesday. The consultancies also lowered their full-year 2017 forecast for new vehicle sales to 17.5 million units, from a previous forecast of 17.6 million. April U.S. new vehicle sales will be about 1.48 million units, a drop
Scandal isn't affecting VW's overall numbers.
Volkswagen's 2.49 million global deliveries made the German company the world's largest automaker for Q1, but Toyota was a very close second place.
It's official, folks: 2015 was a record year for automobile sales in the United States. We break down each automaker's individual sales performance from December.
US auto sales reached a record volume of over 17.47 million vehicles for 2015 to beat a record last set in 2000.