Q1 Decrease in USA Passenger Car Sales

Q1 of 2018 has shown a definite decrease in passenger car sales in the US. Overall sales declined 2.4% in February compared to 2017. Consumer interest is shifting again to larger vehicles and a prolonged period of low gas prices has encouraged these sales. Another factor is stronger sales of lightly used cars.¬†“The used-car market was very strong, and I think that’s probably part of what drove most manufacturers to be down this month,” said Nissan sales executive Judy Wheeler. For the big big three¬†Detroit automakers, February was exceptionally rough. General Motors sales fell 7%, Ford declined 6.8% and...

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