April 2018 U.S. Auto Sales: Volume Shrinks, but New Crossovers Are a Hit
With an extra selling day compared to the same month one year ago, auto sellers in America had the chance to improve their numbers in April. Subaru, the two Korean brands, and Nissan all managed that feat, while the likes of Fiat Chrysler and Toyota did not. Honda, for one, was roughly flat.
It all adds up to a softening market impacted by rising transaction prices and higher borrowing costs. At this rate, there’s a very good possibility that total light-vehicle sales in this country will drop below 17 million this year for the first time since 2014.
Matthew Guy May 01, 201951