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U.S. Auto Sales Keep Falling, But The Industry’s Health Is Improving

August 2, 2017

Via: Forbes

U.S. auto manufacturers reported a seventh consecutive month of year-over-year sales declines on Tuesday, but the outlook may not be as dire as the numbers indicate: Car companies are meanwhile shifting their business toward a more profitable mix of models, customers, and incentives as the industry enters the “post-peak era.”

New vehicle sales slid 7% in July, led by double-digit declines at General Motors and Fiat Chrysler, extending an industry-wide decline that started in January.

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