U.S. car sales slip 1.9% in August
U.S. light vehicle sales of 1,483,330 units in August were down 1.9% compared to the same month in 2016.
Truck and SUV sales increased 2.4% from last August to 933,581 units, while passenger car sales declined 8.5% to 549,749 units.
The overall SAAR for August was 16.14 million units.
The SAAR was 6.03 million units for passenger cars and 10.11 million units for trucks.
General Motors sales were up 7.4%, Ford sales were down 2.1%, and FCA sales were down 10.6% compared to August last year, with passenger car sales down 13.2%, 8.6%, and 15.9% respectively.
Among Japanese companies, Toyota was up 6.8% and Subaru was up 4.6%, while Nissan was down 13.1% and Honda was down 2.4% compared to last August.
Hyundai sales decreased 24.6%, with passenger car sales down 32.8%, while Kia sales decreased 1.7%, with passenger cars up 9.2% from August last year.
Among German companies, BMW and Daimler sales decreased 8.0% and 8.5% respectively, while Volkswagen Group sales increased 6.1% from the same month last year.
Volvo sales increased 4.1% and Jaguar Land Rover sales increased 1.0% from last August.