March U.S. auto gross sales are anticipated to method a report for the month, and account for the primary yr-over-yr improve in month-to-month gross sales thus far in 2017, forecasters stated.
New-vehicle gross sales in March ought to high 1.6 million, the very best for the month of March since 2000, in line with Kelly Blue Book. KBB’s forecast is predicated on on-line auto purchasing habits by way of the primary a part of March.
Automakers within the U.S. market are scheduled to announce March and first-quarter gross sales on Monday, April 3. Forecasters stated the March improve ought to imply that U.S. auto gross sales for the primary quarter can be about even with the primary quarter of 2016.
That’s not unhealthy, contemplating 2016 gross sales have been a report 17.5 million, beating a report set in 2015 by a mere 0.3 p.c. It’s not like 2017 gross sales have been horrible till now, both, even when yr-over-yr comparisons have been down yr up to now.
February 2017 sales have been about 1.3 million, down 1.1 p.c from a yr in the past, in line with the Automotive News Data Center. January sales have been about 1.1 million automobiles and vans, down 1.9 p.c.
A powerful pattern in the direction of vans and away from automobiles has additionally continued this yr. The catchall “gentle-truck” class consists of pickup vans, sport-utilities, minivans and crossovers – that’s, carlike vans or truck-like automobiles, relying in your definition. In 2016, truck gross sales gained 7 p.c whereas automobile gross sales fell 9 p.c.
Year up to now by way of February 2017, U.S. gentle-truck gross sales have been once more up about 7 p.c, whereas automobiles have been down much more, about 13 p.c. Trucks accounted for about 64 p.c of U.S. gross sales quantity after two months.