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.