U.S. light vehicle sales declined 4.8% (-2.8% y/y) during January to 16.7 million units (SAAR), the lowest level since August 2017.
Light truck sales led the decline falling 7.9% to 11.24 million units following a 0.7% gain in December.
Sales of domestic light trucks declined 8.2% (-3.4% y/y) to 8.96 million units after a 0.5% gain in December. Sales of imported light trucks fell 6.6% (+4.7% y/y) to 2.28 million units following an increase of 1.2%.
Trucks’ share of the U.S. vehicle market declined to 67.3%, the lowest level since February 2018.
Passenger car sales rose 2.1% (-4.8% y/y) in January to 5.46 million units after two straight months of declines. Sales of domestic cars rose 0.5% (-2.6% y/y) to 4.01 million units.
Sales of imported passenger cars jumped 6.6% (-10.4% y/y) to 1.45 million units after three months of significant declines.
|U.S. Light Vehicle Sales*||Jan||Dec||Nov||Jan Y/Y||2018||2017||2016|
*(SAAR, Million Units)