AutoBeta(AutoBeta.net)10/03 Report--

At present, the auto industry around the world seems to be suffering from a cold winter, as is the previously hot US auto market. The U. S. car sales market fell sharply in September, with a number of car companies seeing a decline in sales.

A few days ago, Toyota said that sales in the United States fell 16.5% year-on-year in September due to falling demand for several models. Last month, Toyota in the United States reached its lowest level since January, down 16.8% from a year earlier. The decline in the company's sales even exceeded analysts' expectations.

Honda, which is also well below analysts' expectations, fell 14% in September from a year earlier, a clearly poor performance this month compared with Honda's all-time high last month. Among them, the best-selling Accord is down 20% and the CR-V is down 15%.

Not only that, Nissan and Infiniti sold a total of 101244 vehicles in September, down 17.6 per cent from a year earlier. Mazda's total sales fell 11.4% to 18838 vehicles in September, and year-to-date sales are down 11.5% in the year to September. Volkswagen reported total sales of 26947 vehicles in September, down 12 per cent from a year earlier, but sales are up 4.5 per cent year-to-date. Hyundai's US sales fell 9 per cent to 51951 in September.

GM, Ford and Fiat FCA, as local brands, have fallen, especially for large SUV and pickup trucks, which focus on higher profits. Ford sold 1.8 million vehicles in the January-September period, down 3.5 per cent from a year earlier; GM, affected by the strike, saw a decline in sales of three of the four brands and a 6.9 per cent decline in the GMC brand; sales of Cadillac and Chevrolet fell 4.8 per cent and 13 per cent respectively, while Buick alone grew in September and delivery rose 4.8 per cent year-on-year.

In terms of luxury brands, the performance is relatively good. BMW's sales in the United States are on a par with rival Mercedes-Benz. BMW's sales rose 6% in September, selling a total of 27467 cars. Mercedes-Benz delivery rose 4.8% to 27433, while Volkswagen's Audi fell 17% in September.

Lexus, which did well in the first two months, won the top two months of sales, but fell 17 per cent year-on-month, according to the company's September sales report.

Car sales in the United States have been falling since they peaked in 2016 and remain weak in 2019. Total sales in the US car market fell 2.4 per cent in the first half of 2019, and full-year sales are expected to fall below 17 million for the first time in five years.

Experts predict that car sales in the US market will continue to decline in the next few years, with total sales falling to 15.1 million in 2021, down more than 2 million from the record high of 17.5 million set in 2015.

In fact, research shows that new car sales in the United States continue to decline, but it is not that fewer people buy cars, the most important reason is that new cars are too expensive for American consumers to afford. In April, the overall mileage in the United States also increased by 2.5% a year, and more Americans began to buy affordable used cars, according to the U.S. Department of Transportation.

Throughout the American auto industry, a vicious circle has been formed. The road to recovery of the US auto market is still fraught with obstacles, and GM still faces severe challenges for a century.

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