Monday, January 8, 2018

Tough Year for Carmakers

Last year was a banner year for the stock market, but not so much for automakers. The seven-year winning streak that began after the recession in 2010 fell short in 2017 with sales down 1.8 percent compared to 2016. All told, the year saw 17.2 million vehicles sold.

The full-year results for individual automakers:

  • Subaru, up 5.3 percent
  • Nissan, up 1.9 percent
  • Honda, up 0.2 percent
  • Toyota, down 0.6 percent
  • Ford, down 1.1 percent
  • General Motors, down 1.3 percent
  • Fiat Chrysler, down 8.2 percent
  • Hyundai-Kia, down 8.9 percent

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