Seasonal drop off and luxury sales

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bwilson4web

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Source: http://www.autoline.tv/daily/?p=59577#more-59577

U.S. CAR SALES DOWN IN JANUARY
Sales of new cars and trucks in the U.S. market fell 2% last month, which dragged the SAAR down to 16.6 million units, compared to a SAAR of 17.1 million the year before.
. . .
TOUGH MONTH FOR LUXURY BRANDS
It was a really tough month for many luxury and premium brands. Mercedes-Benz saw its sales drop nearly 14%. BMW was down over 6%, Lexus and Infiniti fell 3% and Audi dropped 2%. But Porsche and Jaguar Land Rover both posted double digit gains. Cadillac and Lincoln and Acura also had good months. And the most impressive of all was Tesla, which outsold every luxury and premium brand in the market, except for Mercedes. And that is an astonishing accomplishment.
. . .

The article includes a table of sales.

Bob Wilson
 
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