Car sales continue to slip

17FusionSport_36_HR

There are several disturbing trends for the automakers. One, car sales in general are slipping after years of sustained growth for the industry. Also, sales of trucks (including SUVs and CUVs) are doing fine, while sales of traditional passengers cars are plummeting.

This trend is highlighted by Ford’s dismal sales results for April 2017 where US sales plunged 7.2%. This shows overall weakness in the market along with the troubling trend for cars versus trucks.

Carmakers have had a great run, but now we’ll see how they react to a market slowdown.

  

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