#LightTruckSales
June 2017 U.S. Auto Sales Likely Slid for a Sixth Consecutive Month As Incentives and Transaction Prices Rise
Automakers likely sold fewer than 1.5 million new vehicles in the United States in June 2017, a modest decrease of around 2 percent compared with June 2016.
While auto sales remain high by historic standards — 1.48 million sales would still make June 2017 more than 15-percent better than the 1.33 million June average from 2011-2015 — June nevertheless represents the persistence of a negative trend.
After 2016 ended with a December boom to close out the highest-volume year on record, auto sales in the United States declined on a year-over-year basis in each of 2017’s first five months. A 2-percent drop in June, worth roughly 30,000 lost sales, will run the streak of decreases to a full half-year.
The American auto industry’s decline comes as automakers continue to incentivize heavily and, fortunately for manufacturers, consumers grow ever more willing to pay higher prices.
US New-Car Fuel Economy Average Climbs To 25.5 MPG In May 2015
Things are looking up for U.S. new-car fuel economy, as the average climbed 0.3 mpg in May to 25.5 mpg.
Chart Of The Day: 19 Months Of Midsize Pickup Truck Market Share In America
Midsize pickups have increased their share of the overall pickup truck category by around four percentage points since GM launched the second-generation Chevrolet Colorado and GMC Canyon.
Compared with a period when the twins weren’t on sale, the volume sent the direction of midsize pickups jumped 50% over the first four months of 2015. That gain of 39,000 units wasn’t simply down to the GM twins, either, as the class-leading Toyota Tacoma is growing faster than the overall pickup truck category.
Hyundai On Track To Sell 760K In US For 2015 Despite Low CUV, SUV Sales Volume
Hyundai says it’s on target to sell 760,000 units in the United States by the end of 2015, though crossover and SUV sales are lacking for now.
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