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Big 3 Total Vehicle Sales: March 2017

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April 06, 2017 – Comments (0) | RELATED TICKERS: GM , F , FCAU

The Automakers released their March total vehicle sales numbers on Monday and they disappointed.  Total Vehicle Auto Sales were down 1.6%, where Ford was down 7.2% and Fiat-Chrysler was down 4.6%.  GM bucked the trend and was up slightly compated to last March at 1.6%.   Separately, Tesla on late Sunday night announced that they have beat their Q1 delivery expectations, forcing a short squeeze where the stock went up 10% and surpassed Ford in terms of market capitalization.

On the bright side, Trucks and SUVs were up 5.2%, and these vehicles have higher profit margins increasing the average transaction prices for the automakers. However, the challenges and headwinds for the auto industry grow larger.   What are some of the issues plaguing the auto industry right now?

Big 3 Total Vehicle Sales: March 2017  -  Blog Post and Video Presentation 

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