U.S. Auto Sales Slipped in First Half of 2019 as Prices Surged

Big auto makers reported U.S. new-vehicle sales declined for the first half of 2019, and full-year sales are expected to fall short of the 17 million mark for the first time since 2014

July 2, 2019 12:14 pm ET

Major auto makers saw U.S. new-vehicle sales slip in the first half of 2019, as higher interest rates and rising car prices dulled demand and sent many buyers to the used-car lot. General Motors Co.’s sales fell 4.2% through June, hurt by weaker sedan sales and tighter inventories of heavy-duty trucks due to a planned factory retooling for newer versions.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

WSJ /  🏆 98. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Behind the plunge in China auto sales: chaotic implementation of new emission rulesShanghai-based Buick dealer Ron Li in late April found himself in an unfamiliar ...
Read more »

Strong SUV, truck demand drive U.S. auto sales higher in JuneAutomakers including Fiat Chrysler Automobiles NV and Hyundai Motor Co |005380.K...
Read more »

Egypt's President Sisi approves 2019-20 budget: official gazetteEgypt's President Abdel Fattah al-Sisi approved the 2019-2020 budget on Sun...
Read more »

New York Pride 2019 Draws Celebs Far and WideHollywood's east coast crowd were out in force for the NYC Pride Parade.
Read more »

Julie De Libran Fall 2019 Couture Fashion ShowThe complete Julie De Libran Fall 2019 Couture fashion show now on Vogue Runway.
Read more »