ESA Car Keys | 4Q auto sales declined 2.3% year-over-year, and the US market finished the 2019 year at 17.1M units, down 0.7%. This marks five consecutive years of 17M+ units sold. Consumers spent more overall on automotive purchases.
ESA Car Keys | Toyota, Honda, Nissan, and Hyundai posted double-digit gains in U.S. sales last month behind strong demand for light trucks, marking the first time since 2015 all four Asian companies rose 10+% year-over-year.
Cars.com (NYSE:CARS) has slid 35.8% after missing on Q2 earnings today, cutting full-year guidance and ending a strategic review after receiving no interest, saying it will stay an independent public company. The company had launched a strategic look.
ESA Car Keys | The 2nd Quarter US auto market was down year-over-year, with imports outperforming domestic brands. Trucks continue to grab market share from passenger vehicles, continuing a multi-year trend.