International Brand Auto Sales Rose in October

Despite a lukewarm auto market in October, international brands held their own, maintaining their lead among U.S. car shoppers. International brands sold just 634 more light vehicles from a year ago, with sales down year to date 0.36 percent.

U.S. Auto Sales on the Rise for the First Time in 2017

The U.S. auto market saw an impressive sales bounce in September, led by international brands that outperformed their domestic counterparts with sales up 7.6 percent from a year ago and down just 0.4 percent for the year-to-date.

Harvey Takes a Bite Out of August Auto Sales

AIADA today released August 2017 sales figures for international nameplate brands in the U.S. Hurricane Harvey, which left a large swath of Texas underwater late in the month, made a dent in overall sales figures. Sales for international brands were down 2.6 percent from last August and 1.4 percent for the year-to-date, with brands like Hyundai (down 25.5 percent from last August), and Nissan (down 14.8 percent) taking the biggest hits. Despite the month’s challenges, several international brands finished the month on a high note, including Subaru (up 4.6 percent from last August), Toyota (up 8 percent), Volkswagen (up 9 percent), and Volvo (up 4.1 percent).

U.S. Auto Sales Continue to Stumble in July

AIADA today released July 2017 sales figures for international nameplate brand in the U.S., which shows that auto sales are now on track for their first decline in volume since the 2008 recession. Despite the lackluster market, some brands still had reason to celebrate. Subaru saw a 6.9 percent improvement and Toyota sales were up 3.6 percent. While Honda’s sales were down 1.7 percent, its Acura brand improved 3.7 percent. Of international brands, Hyundai saw the greatest dip in July with a 30.1 percent drop in sales, in part due to a decision to cut fleet sales by 77 percent.

Auto Sales Dip for Fourth Straight Month

While 2017 auto sales have slowed from last year’s record pace, the difference is minor, and retailers remain satisfied with what they view as a healthy market. Consumers still prefer trucks and SUVs, resulting in a drop in car sales of 13.2 percent but a rise in light duty vehicles of 4.2 percent. Prices, and profits, remain high with the average vehicle in June selling for $31,720, a record for the month. Infiniti saw a sale improvement of 11 percent from a year ago, Subaru was up 11.7 percent, and Volkswagen’s sales improved 15 percent from last year’s depressed numbers.

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