Alfa Romeo, Subaru and Jaguar among handful who bucked the trend…
Official car sales data shows an improving U.S. economy isn’t translating into car sales in 2017.
U.S. car sales data released this morning shows 1,519,793 new light-vehicles were delivered to buyers in May, a number that is 0.5% down on the same month last year.
The industry in the U.S. is on track to record half a million fewer vehicles sales than the 2016 total.
Car sales in the U.S. have declined across the last three months.
But it was Alfa Romeo that was the star in the sales race in May in the U.S.
The Italian sports car brand delivered 919 vehicles in the month, up from just 44 in May 2016 for a 1988.6% improvement.
Commenting on the overall market performance, Edmunds analyst Jessica Caldwell said now is a great time to buy a car as dealerships are ready to talk a good deal.
“While demand for new vehicles is still relatively strong, it’s a bit of smoke and mirrors,”
“Incentives were up sharply, and it seems automakers are putting more cash on the hood to nudge car shoppers to buy versus lease.”
We will bring you Australian May 2017 Car Sales Data and analysis as it comes to hand.