#January2018Sales
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.
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.
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