US auto sales seen lower in January; GM, Ford post declines - WNEM TV 5

US auto sales seen lower in January; GM, Ford post declines

Posted: Updated:
Stock photo Stock photo
DETROIT (AP) -

U.S. auto sales are expected to have fallen in January after ending last year at a record high.

General Motors' sales fell 3.8 percent from last January, while Ford's sales were down 1 percent. Nissan's sales rose 6 percent thanks to strong truck and SUV sales.

Other automakers report sales later Wednesday.

ALG, an automotive forecasting firm, predicts overall sales will be down 1.5 percent from last January to 1.1 million.

January is typically the weakest month of the year for U.S. auto sales, as winter weather and holiday debts keep buyers away from car dealerships. This year, the hangover could be even more acute, since a strong December capped off a record year for the industry. U.S. auto sales totaled 17.55 million last year.

Copyright 2017 Associated Press. All rights reserved.

Powered by Frankly
WNEM
Powered by WorldNow CNN
All content © 2018, WNEM; Saginaw, MI. (A Meredith Corporation Station) . All Rights Reserved.
For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices.