Snapshot of the US Auto Market in 2018

The US Auto Market was down 1.9% in 2017 with full-year sales of 17.13M units sold, versus 2016’s record sales of 17.46M vehicles.

Some of the notables for 2017:

1. Light-truck sales continue to dominate the market, comprising 64.5% of vehicle sales for full-year 2017, and had another huge December (69% of total units).

2. The top four automakers (GM, Ford, FCA, Toyota) all declined in sales volume during 2017. Of the Big Six Automakers, only Honda and Nissan gained year-over-year.

3. Heading into 2018, the market is seeing tighter Inventory levels, declines in production volume, and continued profitability pressures on both new and used vehicle sales.

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Third Consecutive Year for 17M+ Auto Sales | ESA & Company

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