Updated: 03-Apr-18 17:00 ET
|Updated: 03-Apr-18 17:00 ET
- U.S. light vehicle sales were at a seasonally adjusted annual rate (SAAR) of 17.48 million units in March versus a SAAR of 17.08 million units in February. The March run rate was 3.9% above the SAAR of 16.82 million units for March 2017.
- Total domestic sales increased to 13.74 million SAAR from 13.21 million SAAR in February.
- On a seasonally adjusted basis, domestic auto sales for March decreased 0.7% from February to a SAAR of 4.10 million. The sales rate was 11.3% below the year-ago period.
- On a seasonally adjusted basis, domestic truck sales increased 6.2% to 9.64 million SAAR in March from 9.08 million SAAR in February. The sales rate was 9.9% above the year-ago period.
- General Motors sales were up 15.7% year-over-year
- Ford Motor sales were up 3.5% year-over-year
- Fiat Chrysler sales were up 13.3%year-over-year
- Toyota sales were up 3.5% year-over-year
- Honda Motor sales were up 3.8% year-over-year
- Nissan North America sales were down 3.7% year-over-year
- Subaru sales were up 5.9% year-over-year
- Tesla Motors sales were up an estimated 36.4% year-over-year
- Volkswagen Group of America sales were up 12.7% year-over-year
- Light vehicle sales were strong in March thanks to healthy increases in light-truck sales and incentive spending by auto manufacturers.
- ALG, according to Automotive News, estimated new-vehicle incentive spending in March increased 8.0% year-over-year to $3,750
|Domestic Light Vehicles
| Light Trucks
|Total Light Vehicles (incl imports)