Steel Markets
December 5, 2019
U.S. Auto Sales to Surpass 17 Million in 2019
Written by Sandy Williams
Total light vehicle sales are likely to reach 17.1 million units this year, down 1.4 percent from 2018 and above 17 million for the fifth straight year, says J.D. Power and LMC Automotive. As usual, sales were strongest for SUVs and trucks.
U.S. auto sales rose for most foreign automakers during November. Toyota sales increased 9 percent, Honda 11 percent and Hyundai 6 percent on a year-over-year volume basis. Industry analysts projected November sales of about 1.18 million units, using estimates for Ford, FCA and General Motors which only report quarterly sales.
