U.S. car sales slide 1.3% in October

U.S. light vehicle sales of 1,354,875 units in October were down 1.3% compared to the same month in 2016, with the recent sales boost after Hurricane Harvey winding down.
Truck and SUV sales increased 3.6% from last October to 876,140 units, while passenger car sales declined 9.1% to 478,735 units.
With an overall SAAR of 18.09 million units, October was the second highest month in 2017.
The SAAR was 6.56 million units for passenger cars and 11.52 million units for trucks in October.
Ford sales were up 6.4% compared to last October as a result of strong truck sales, while General Motors and FCA sales were down 2.3% and 13.2%, respectively.
Toyota, Nissan, Honda, and Subaru sales were up 1.1%, 8.4%, 0.9%, and 0.5%, respectively, compared to last year.
Hyundai sales decreased 15.2% while Kia sales decreased 9.4% from October last year.
Among German companies, Daimler sales decreased 0.8% and BMW sales decreased an estimated 4.5%, while Volkswagen Group sales increased 10.7% from the same month last year.
Volvo sales increased 10.5%, while Jaguar Land Rover sales decreased 4.4% from last October.

(Autodata release from November 1, 2017)