Harvey Crimps Hopes for US Auto Gains as Nissan Leads Declines

The largest carmakers in the U.S. posted mixed sales results after Hurricane Harvey slammed one of the country’s largest auto markets, with Nissan Motor Co. leading declines in what might have otherwise been the first month of growth for the industry this year.

Nissan deliveries plunged 13 percent, missing analysts’ average estimate for a drop of just 0.6 percent. Sales also fell for Fiat Chrysler Automobiles NV and Ford Motor Co., while General Motors Co. and Toyota Motor Corp. gained.

The varied performance for five of the largest U.S. automakers comes as Houston, a top-10 market for new-vehicle purchases, lost nearly a week of selling days due to heavy rain and flooding from Harvey. Kelley Blue Book and LMC Automotive trimmed sales projections they had released before the hurricane hit. Ahead of the storm, some analysts had been expecting U.S. sales to record their first monthly gain this year.




Leave a Reply

Recent Posts

Trump Supporters: Get Your 2020 'Keep America Great' Shirts Now!

Are you a proud supporter of President Donald Trump?

If so, you’ll want to grab your 2020 re-election shirt now and be the first on your block to show your support for Trump 2020!

These shirts are going fast so click here to check for availability in your area!


More Popular Stuff for Trump Supporters!

MUST SEE: Full Color Trump Presidential Coin (limited!)

Hilarious Pro Trump 'You are Fake News' Tee Shirt!

[Exclusive] Get Your HUGE Trump 2020 Yard or House Flag!