The car sales in the United States in April did not manage to meet expectations and the sales in Asia are to blame for it as trucks and SUVs manufactures by Ford and General Motors brought about strong financial gains the same month.
On Friday, Japan’s Nissan, Toyota and Honda reported weaker sales, while South Korea’s Hyundai and Kia, its affiliate, missed the mark, alongside Fiat Chrysler which also did not do such a good job in this department.
The industry sales in April grew 4.6% according to research firm Autodata and the total of cars having found their owners reached 1,454,951 vehicles.
Jesse Toprak, independent consultant, explained that “When demand for crossover, SUVs and trucks is strong, the Asian automakers don’t do so well.” The annual sales rate for the industry in April was of 16.45 million cars, which was below the 16.7-16.8 million the analysts had expected. Industry executives are saying that the industry is yet headed toward its best year in almost a decade.
General Motor’s U.S. vice president of sales operations, Kurt McNeil, said that “Consumer and commercial customers demand for pickups and utility vehicles has been building since last fall. The auto industry continues to be on track to have its best sales year since 2006.” The industry sales in the United States fell to 16.5 million cars in 2006 from around 17 million in 2005, reaching a big low of 10.4 million in 2009 during the recession, after which, sales have begun to climb back up.
By Gabriela Florea