Detroit Three January 2018 Auto Sales: Trucks Can't Carry It All

After the industry’s first annual sales decline of the post-recession era in 2017, the small uptick in year-over-year U.S. auto sales in January 2018 shouldn’t be seen as a trend, analysts warn. This year will apparently bring more worry for automakers as buyers plan fewer trips to the dealership.

For the domestic brands, January brought a mixed sales bag. Two members of the Detroit Three posted significant sales declines, while the third squeaking by on the strength of light truck sales. Clearly, having a lineup full of pickups, SUVs, and crossovers helps a company’s bottom line, but it’s no guarantee of ever-higher volume in today’s market.

Read more
Fleet Week: January's U.S. Auto Sales Buoyed By Fleet Volume

January started strong for several automakers in America, with the industry shifting 1,157,407 cars and light trucks last month. That represents a 1.2 percent increase over this time last year.

More than one company is guilty of padding its numbers with fleet sales, though. In one instance, it represented nearly a third of January’s reported sales for that automaker.

Read more
  • FreedMike I would find it hard to believe that Tesla spent time and money on developing a cheaper model, only to toss that aside in favor of a tech that may or may not ever work right. Having said that, though, I think what's happening with Tesla is something I've been predicting for a long time - they have competition now. That's reflected in their market share. Moreover, their designs are more than a bit stale now - the youngest model is the Model Y, which is in its' fifth model year. And it's hard to believe the Model 3 is in its' seventh model year. Aside from an interior restyle on the Model 3, neither of those cars looks substantially different than they did when they came on the market. And you can also toss in Tesla's penchant for unnecessary weirdness as a liability - when the Model 3 and Y were introduced, there was no real competition for either, so people had to put up with the ergonomic stupidity and the weird styling to get an electric compact sedan or crossover. Today, there's no shortage of alternatives to either model, and while Tesla still holds an edge in battery and EV tech, the competition is catching up. So...a stale model lineup, acceptable alternatives...and of course, the gift that keeps on giving (Elon Musk's demon brain) have cut their market share, and they have to cut prices to stay competitive. No wonder they're struggling.
  • EBFlex “Tesla’s first-quarter net income dropped a whopping 55 percent”That’s staggering and not an indicator of a market with insatiable demand. These golf cart manufacturers are facing a dark future.
  • MrIcky 2014 Challenger- 97k miles, on 4th set of regular tires and 2nd set of winter tires. 7qts of synthetic every 5k miles. Diff and manual transmission fluid every 30k. aFe dry filter cone wastefully changed yearly but it feels good. umm. cabin filters every so often? Still has original battery. At 100k, it's tune up time, coolant, and I'll have them change the belts and radiator hoses. I have no idea what that totals up to. Doesn't feel excessive.2022 Jeep Gladiator - 15k miles. No maintenance costs yet, going in for my 3rd oil change in next week or so. All my other costs have been optional, so not really maintenance
  • Jalop1991 I always thought the Vinfast name was strange; it should be a used car search site or something.
  • Theflyersfan Here's the link to the VinFast release: https://vingroup.net/en/news/detail/3080/vinfast-officially-signs-agreements-with-12-new-dealers-in-the-usI was looking to see where they are setting up in Kentucky...Bowling Green? Interesting... Surprised it wasn't Louisville or Northern Kentucky. When Tesla opened up the Louisville dealer around 2019 (I believe), sales here exploded and they popped up in a lot of neighborhoods. People had to go to Indy or Cincinnati/Blue Ash to get one. If they manage to salvage their reputation after that quality disaster-filled intro a few months back, they might have a chance. But are people going to be willing to spend over $45,000 for an unknown Vietnamese brand with a puny dealer/service network? And their press photo - oh look, more white generic looking CUVs. Good luck guys. Your launch is going to have to be Lexus in 1989/1990 perfect. Otherwise, let me Google "History of Yugo in the United States" as a reference point.