May 2017 U.S. Car Sales Data shows downturn continues

May 2017 U.S. Car Sales Data shows downturn continues

Alfa Romeo, Subaru and Jaguar among handful who bucked the trend…

Official car sales data shows an improving U.S. economy isn’t translating into car sales in 2017.

U.S. car sales data released this morning shows 1,519,793 new light-vehicles were delivered to buyers in May, a number that is 0.5% down on the same month last year.

The industry in the U.S. is on track to record half a million fewer vehicles sales than the 2016 total.

Car sales in the U.S. have declined across the last three months.

Some of the car companies and brands that recorded particularly disappointing results in May included BMW (-11%), Jeep (-14.7%), Hyundai (-18%) and Mercedes-Benz (-7%).

Conversely, Subaru (+12.1%), Infiniti (+15.6%), Jaguar (+43.9%) and Maserati (+33.9%) all bucked the trend.

But it was Alfa Romeo that was the star in the sales race in May in the U.S.

The Italian sports car brand delivered 919 vehicles in the month, up from just 44 in May 2016 for a 1988.6% improvement.

Commenting on the overall market performance, Edmunds analyst Jessica Caldwell said now is a great time to buy a car as dealerships are ready to talk a good deal.

“While demand for new vehicles is still relatively strong, it’s a bit of smoke and mirrors,”

“Incentives were up sharply, and it seems automakers are putting more cash on the hood to nudge car shoppers to buy versus lease.”

We will bring you Australian May 2017 Car Sales Data and analysis as it comes to hand.

About Joel Helmes 3430 Articles
Joel is the founder and CEO of Behind the Wheel. Joel has a background as a radio broadcaster with on-air roles at 4BC, 4KQ, 2KY, 2LT and 2UE amongst others, as well as a news editor and program director.Joel’s relationship with cars stems back to his early childhood learning to change oil and brakes with his father and uncle. This continued on into his driving years owning an assorted collection of cars.

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