Mother Nature’s wintry blast froze some buyers out of showrooms in January as industry sales fell 3% from a year, but Chrysler and Nissan overcame the chill to post significant increases.
The overall annual selling rate remained a robust 15.2 million vehicles, essentially flat from January 2013.
Drill Down Details:
- Fiat Chrysler sales rose 8% , Nissan was up almost 12%, Kia was up 2% and Hyundai was up by less than 1%.
- Ford (down 8%), General Motors (down 12%), Toyota (down 7%), Honda (down 2%) and Volkswagen (down 19%),
- 37 states, which generally account for about 61% of all new car sales, endured a colder than average January
- In areas where the weather was good, such as in the West, sales were up.
- Fleet sales also fell 14% because Ford delayed shipping about 7,500 vehicles
- Hyundai reported its best January in company history, selling 44,005 units for the month