According to "Automotive News" reported that the United States in February light vehicle sales fell 2.3% year-on-year. Seasonal adjusted annual sales rate reached 17.12 million units, lower than in January, but still for the sixth consecutive month, 17 million higher than the history January-February cumulative sales fell 0.7% year-on-year.
Ford and GM dropped about 7%, while Honda and Nissan in the United States dropped 5% and 4.3% respectively. FCA United States's decline was the lowest in nearly 9 months, at 1.4% .Toyota and Volkswagen brands are two consecutive Month to maintain growth.
Sales of light vehicles in the United States have been increasing for seven consecutive years since 2010, but only three months of sales have risen in the last 12 months, up from only 1.2% in January 2018. GM and FCA pickup sales There was a sharp drop last month, meanwhile, the U.S. auto transaction prices continued to grow, and various forms of subsidies were slow.
The car sales comparison
GM's sales in the U.S. market slipped 6.9% in February, while its wholesale sales rose 7% due to a 15% increase in business orders but a 10% drop in retail sales compared to the same period in 2009. Chevrolet and GMC's sales fell 8.8% and 8% respectively, while Buick and Cadillac increased 1.2% and 14% respectively, while the demand for crossover cars in the United States remained strong, but the sales of common crossovers dropped 16%. Universal large pickups Chevrolet Silverado and GMC Sierra dropped by 16% or more.
Overall sales of Ford Motor Co. in the U.S. market slipped 6.8% last month, with retail sales and wholesale sales down 8.5% and 3.8% respectively. Ford and Lincoln brands slid 6.1% and 23% respectively. In addition, Ford sedans and SUVs, The sales performance of unsatisfactory, but the pickup truck increased significantly.
FCA sales in the United States continued to decrease for the first time in 18 months due to the continuous reduction of wholesale sales, while sales of FCA decreased except for Jeep and Alfa Romeo FCA's wholesale sales dropped 3% YoY. Jeep's Deliveries rose 12%, the second consecutive month of sustained growth after 16 consecutive months of decline, with Chrysler declining 3.5%, Dodge 8.4%, Ram and Fiat 14%, respectively 42%.
Nissan's February sales fell 4.3%, of which Nissan and Infiniti brands fell 4% and 6.7% respectively. Other car prices, Subaru last month's sales up 3.8%, Mazda, Volkswagen brand and Mitsubishi sales rose Then reached 13%, 6% and 19% respectively.
Compared to the luxury car brands, sales of Volvo last month increased 35% YoY while sales of BMW and Audi increased 4.2% and 12% respectively, Porsche and Land Rover rose 21% YoY and 19% YoY. The Jaguar performed unsatisfactorily last month with 37 % Decline, while Hyundai's Genes brand fell 14%.
Overall, US car sales are expected to fall below 17 million for the first time in almost three years, and analysts expect car sales in the United States in 2018 to be between 16.7 million and 16.9 million.