2015 US Auto Sales on Trajectory To Top a 15 Year Record
Sales for November put the US Auto industry on a trajectory to top the 17.35 million unit record set 15 years ago. Despite a healthy but modest 1.4 percent year-over-year sales increase, the seasonally adjusted selling rate projected annual sales of 18.2 million, over a million units more than last year at this time.
Pickup trucks led the pack with the controversial new all aluminum Ford F-150 now in a comfortable lead ahead of the Chevrolet Silverado and the RAM series.
The massive diesel emissions cheating scandal finally caught up VW which saw sales plunge 25 percent.
Fiat Chrysler Automobiles led US car makers in sales increases with a 3 percent bump compared to 1.5 percent increase for GM, and an essentially flat 0.4 tally at Ford.
With low fuel prices sales of full sized SUVs and larger vehicles outpaced small car demand. But South Korean power player Hyundai saw combined sales of its three smallest models rise 35 percent while its new Tucson crossover sales were up 90 percent.
Consistent with recent face-offs the Nissan Rogue sales were up dramatically while Honda CRV sales dropped sharply.