Light trucks drive industry to 4.6% gain - Automotive News (subscription) (blog)
Numbers in this table are calculated by Automotive News based on actual monthly sales reported by the manufacturers and may differ from numbers reported elsewhere. light-vehicle sales, fueled by demand for light trucks, rose 4. 6 percent in April as every automaker but Honda recorded an increase. The industry stretched its streak of advances from the year-earlier month to 14 as total sales reached 1. 46 million. Across the industry, car volume slipped 1. 6 percent while truck demand surged 11 percent. The seasonally adjusted sales rate -- 16. 52 million -- was also shy of estimates in the 16. 7 million range. The pace of sales in April was down from March’s 17. 1 million rate but up from 16. 1 million in April 2014. Fiat Chrysler's 5. 8 percent advance from a year-earlier marked the automaker’s 61st consecutive monthly gain. The last time U. S. sales fell vs. the year-ago month was February of last year. After posting seven consecutive gains, Honda Motor Co. was down for a second straight month in April. The company fell 1. 8 percent from a year earlier, as a 5. 3 percent gain at Acura failed to overcome a 2. 7 percent decline at the namesake. Source: www.autonews.com