Friday, March 1, 2019
NISSAN: Volume falls again amid tactical shift
CANADA: Winter weather cools February sales by 2%
Automakers sold a total of 123,342 new vehicles in Canada during February. David Adams, president of Global Automakers of Canada, said the 2 percent drop in sales wasn't unexpected given the impact of bad weather across the country last month.
Sales fall on weak car, truck demand; SAAR cools to 16.61M
U.S. light-vehicle sales fell 2.9 percent in February as severe winter weather, lingering effects of the temporary U.S. government shutdown and anxiety over federal tax refunds curtailed showroom traffic. And in the latest sign the market is downshifting, the SAAR – 16.61 million – dropped below 17 million for first time since August.
Behind Ram's big month: $7,500 payout for dealers to buy
Fiat Chrysler's Ram brand just recorded another big month of U.S. sales, in part by paying dealers as much as $7,500 to get them to do the buying.
HYUNDAI-KIA: A lift from crossovers
Hyundai-Kia's combined U.S. sales increased 4.4 percent in February, helped mostly by an expanded crossover lineup, as the Hyundai, Kia and Genesis brands all posted year-over-year gains.