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Dismal August May Result in Fall Sales Renaissance

Smaller makers enjoyed strong sales.

by on Sep.02, 2016

Subaru was one of many smaller automakers that defied the trend of sales losses, in some measure due to strong Outback sales.

August was the first tough month for U.S. new vehicle sales that automakers have faced in some time with sales falling 3.5% compared to the year ago results.

General Motors, Ford, Toyota and Nissan all took hits of more than 5% on the month. Honda sales were down 3.8% for August, but the Japanese maker was expected to post an increase of 2.5% by most estimates.

Sales News!

As usual, utility vehicles and trucks sold in big numbers – with the F-150, Chevy Silverado and GMC Sierra being notable exceptions – for automakers while passenger cars continued their long slide out of favor with the buying public. (more…)