Last Update: 01-Feb-18 17:05 ET
- U.S. light vehicle sales were at a seasonally adjusted annual rate (SAAR) of 17.12 million units in January versus a SAAR of 17.85 million units in December. The January run rate was 1.8% below the SAAR of 17.44 million units for January 2017.
- Total domestic sales decreased to 13.29 million SAAR from 14.00 million SAAR in December.
- On a seasonally adjusted basis, domestic auto sales for January decreased 6.6% from December to a SAAR of 4.11 million. The sales rate was 12.2% below the year-ago period.
- Domestic truck sales decreased 4.5% to 9.18 million SAAR in January from 9.61 million SAAR in December. The sales rate was 1.2% above the year-ago period.
- General Motors sales were up 1.3% year-over-year
- Ford Motor sales were down 6.3% year-over-year
- Fiat Chrysler sales were down 12.7% year-over-year
- Toyota sales were up 16.8% year-over-year
- BMW of North America sales were up 3.5% year-over-year
- Honda Motor sales were down 1.7% year-over-year
- Nissan North America sales were up 10.0% year-over-year
- Hyundai-Kia sales were down 6.4% year-over-year
- Mercedes-Benz USA sales were down 1.1% year-over-year
- Subaru sales were up 1.1% year-over-year
- Tesla Motors sales were up an estimated 36.4% year-over-year
- Volkswagen Group of America sales were up 6.7% year-over-year
- Light-truck demand continued to drive overall sales activity, as consumers took advantage of low gas prices and low interest rates
- Automotive News reports that U.S. sales in 2018 are expected to fall below 17 million, which would be the first time that has happened in three years. Rising interest rates are anticipated to temper sales activity
- ALG, according to Automotive News, estimated new-vehicle incentive spending in January increased 9.8% year-over to $3,812
|Domestic Light Vehicles
|Total Light Vehicles (incl imports)