March 2017 U.S. LV Sales Thread: Industry Finished at 16.5 Million SAAR
(SUMMARY) U.S. automakers sold 1.55 million light vehicles in March, down 1.7% from year-ago.
![March 2017 U.S. LV Sales Thread: Industry Finished at 16.5 Million SAAR March 2017 U.S. LV Sales Thread: Industry Finished at 16.5 Million SAAR](https://eu-images.contentstack.com/v3/assets/blt7121b6ec5c11097b/blt920fd6a320f8045c/661978e3f1203e59ecf29ed0/ussfc1703a.png?width=1280&auto=webp&quality=95&format=jpg&disable=upscale)
MARCH 2017 US LV SALES
FORECAST v REPORTED | UNITS |
---|---|
WardsAuto Forecast LV Sales | 1.61 million |
March Actual LV Sales | 1.55 million |
WardsAuto Forecast LV SAAR | 17.2 million |
March Actual LV SAAR | 16.5 million |
WardsAuto tracks light-vehicle (LV) deliveries throughout sales reporting day. Monthly year-over-year change represents the change in daily sales rate (DSR). March had 27 selling days this year compared with 27 days in 2016, meaning DSR % change will be the same as straight volume % change for year-over-year comparisons this month.
Related Table
U.S. Light Vehicle Sales Summary table
SUMMARY:
U.S. light-vehicles sales came in below expectations at 1.55 million units. A daily sales rate of 57,335 over 27 days was 1.6% less than March 2016 (also 27 days). The resulting SAAR was 16.5 million, the first sub-17 million outcome in eight months.
GM grabbed a 16.5% share of the market. Ford came in at 14.9%. Toyota recorded a 13.9% share. FCA took 12.2% of sales. Nissan (10.9%) and Honda (8.9%) came next in line.
The industry's year-to-date sales rose to 3.93 million units, down 1.5% from same-period 2016.
See summary updates below and related articles for more detailed reports.
UPDATE 1:00 PM ET:
Kia sold 49,429 LVs, plummeting 15.2%.
BMW increased deliveries 3.5% to 36,002.
UPDATE 12:25 PM ET:
Volkswagen outsold year-ago by 2.7% on 27,635 units.
UPDATE 10:33 AM ET:
General Motors sold 256,034 light vehicles in March, up 1.6% from year-ago.
Ford was down 7.0% to 230,169 units.
Toyota delivered 215,224 cars and light trucks, slipping 2.1% from same-month 2016.
FCA's LV sales declined 4.8% to 188,438.
Nissan saw the greatest improvement of the top automakers, rising 3.2% on 168,832 units.
Honda came in nearly flat with prior-year, down just 0.7%.
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