USA 2017. Auto sales mark first fall since Great Recession

USA Vehicles Sales 2017

USA Vehicles Sales 2017 mark the first fall since the Great Recession albeit data from US economy continues to show strength. Fueled by the new all time record sales for a single model, hit by the F-Series, Ford kept the market leadership, over Toyota and Chevrolet.

U.S. economy continues to show strength, with high-frequency data for this quarter pointing to sustained momentum. In November, the ISM manufacturing index eased on shorter delivery times but continued to showcase a healthy sector. Industrial production data, despite showing softer growth from the previous month, displayed particular strength in business equipment production, which bodes well for capital expenditure in Q4.

US Vehicles market has promptly reacted at the 2008-2009 financial crisis reporting an impressive increase across the last sixth years ended with the all time record volume hit in the 2016 at 17.5 million units. Finally in the 2017 the market has braked the growth, after seven years, losing marginally (-1.8%) with 17.23 million sales. Outlook for the 2018 is moderately positive, with sales foreseen up 3.1%, potentially at the new record.

At brand-wise, the market leader Ford has sold 2.4 million vehicles (-0.9%) with 14.3% of market share, followed by Toyota with 2.1 million (+3.2%) and Chevrolet with 2.0 million (-1.5%).

In fourth place Honda with 1.486.000 (+0.7%) that since August has overtaken in the annual ranking Nissan, arrived just behind, with 1.440.000 sales (+1.0%).

Jeep ranked 6th with 828.522 sales (-10.9%) followed by Hyundai with 664.943 (-13.4%), Subaru with 647.956 (+5.3%), Kia with 589.308 (-9.0%) and in 10th place, GMC with 560.687 (+2.6%).

At a model wise, the Ford F-series hit new all time record figure with 896.385 sales (+9.3%) followed by the Chevrolet Silverado with 585.864 (+1.9%) and the Ram Pick  with 500.723 (+2.7%).

The best car passenger was the Rav4 with 407.594 units (+15.7%).

In order to access to the Best Selling Cars ranking for this and the previous years, see here.

Tables with sales figures

In the tables below we report sales for all Brands, top 10 Manufacturers Group and top 10 Models

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