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U.S. Auto sales fell in January, domestic manufacturers were hit hardest |
Car and Truck Sales |
General Motors Co. and Ford Motor Co. posted lower January U.S. car sales, while industry-wide sales fell as well led by car sales assembled within U.S..
With the shortages in some key vehicle segments, as well as some added uncertainty around price increases, incentive reductions, led to the decline in industry's volume.
In JanuaryU.S. auto sales deteriorated by -4.7 % from the same month a year ago to 1,111,300 vehicles, or -54,600 autos. With the shortages in some key vehicle segments, as well as some added uncertainty around price increases, incentive reductions, led to the decline in industry's volume.
Sales dropped by -10.6 % from October level, as the cool wether, slowdown buyers.
In JanuarySales of the light trucks in the U.S. deteriorated by -3.4 %. Light truck manufacturers said they sold 861,300 vehicles in January in the U.S., down from 891,700 a year ago and -10.5 % below October total of 962,500.
Jan. 2024 U.S. Car
Sales
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• U.S.
Total Vehicle Sales 1,111,300
units
down by -4.68 %
• U.S. Car Sales 213,100
units
down by -8.34 %
• U.S. Domestic Car Sales 147,600
units
down by -15.22 %
• U.S. Foreign Car Sales 65,500
units
up by 12.16 %
• U.S. Light Truck Sales 861,300
units
down by -3.41 %
• U.S. Heavy Truck Sales 36,900
units
down by -11.51 %
• see monthly car sales |
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Average expenditure
per car in U.S. were at $30,519 in Jan. 2024
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-5.03 % |
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Average expenditure
per car in U.S., foreign model were at $37,712
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Average expenditure
per car in U.S., domestic model were at $27,184
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-5.03 % |
-4.67 % |
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Average business
expenditure per car in U.S. were at $32,688
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Average consumer
expenditure per car in U.S. were at $29,272
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-5.53 % |
-5.53 % |
World Wide Market Share in the forth quarter 2023 |
Vehicle Sales in the forth quarter 2023 |
Industry
wide Sales |
• U.S. Vehicle Sales
up 6.78 %
•
N. Am. Vehicle Sales
up 8.61 %
•
Europe Vehicle Sales
up 30.27 %
•
Asia Vehicle Sales
up 6.76 %
•
Other Markets Sales
up 15.59 %
•
Total Vehicle Sales
up 10.55 %
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In the forth quarter industry
wide vehicle sales in U.S. were 3,987,000
units, 17.48%
of total world wide industry sales and
an deacrease of
-2.57 % from the third quarter 0, while from forth quarter 0
sales
grew by 6.78 %.
For the same period world wide vehicle sales
rose by 4.97 %
sequentialy and
advanced by 10.55 % from same quarter year ago.
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