Auto Sales End at All-Time High for 2016


The biggest winners: Automakers that have launched new crossovers and SUVs as consumers have shifted buying preferences to vehicles such as the Buick Encore, Buick Envision, Ford Escape, Jeep Cherokee, Honda CR-V and Toyota RAV4.General Motors Company (GM – Free Report) reported USA sales growth of 10% in December from a year ago. Ltd. and Honda Motor Co. The Consumer Confidence Index increased from 109.4 in November to 113.7 in December, the highest since 2001, as per the Conference Board. Overall sales rose by more than 56,000, or 0.3 percent, over the 2015 record. It was the seventh consecutive year of year-over-year sales gains, an unprecedented string, said Tom Libby, an analyst with the consulting firm IHS Markit.Analysts on average project December sales will come in at a seasonally adjusted annualized rate of 17.6 million cars and light trucks, up from last December’s 17.5 million rate. The National Automobile Dealers Association expects US sales to drop to 17.1 million vehicles in 2017 as interest rates and vehicle prices rise. Yet there was apparently more steam left for December than analysts estimated. Hyundai Motor Co.’s sales rose 2 percent to 775,005. MA sheriff offers to have inmates build Trump’s wall
Still, an attorney for the American Civil Liberties Union in MA said Hodgson’s proposal could violate prisoners’ rights. Officials in the president-elect’s transition office did not immediately respond to a request for comment. Nissan Motor’s December increase reflected an 8.3 percent gain at its namesake division and a 21 percent jump at Infiniti.For 2016 sales, Ford reported its best year in a decade, while Nissan and Honda said they sold a record number of cars in the US.With 2016 in the books, Ford’s sales totaled 304,618 units, up 9.4% from 2015’s 278,531 vehicles sold. For the year, Honda Division’s US sales rose 4.8 percent to a record 1,476,582.Trucks continued to be in high demand in the December month, registering sales of more than 1 million units. Toyota Motor Corp. inched up 2% and Ford Motor Co. edged up 0.1%. Trucks accounted for 64 percent of December’s volume, a monthly record, according to WardsAuto. Historic decline in death rate from cancer in the USA
Racial disparities in cancer diagnoses and death rates remain, yet they have declined overall in recent decades, the ACS reported. The lifetime probability of being diagnosed with invasive cancer is slightly higher for men (40.8%) than for women (37.5%). Jeep and Ram ranked in U.S. sales records in 2015. Sales will come under pressure this year, but not fall sharply, given a decision to slowly roll back the incentive instead of abruptly ending it. Fiat Chrysler Automobiles was down 10% and Mazda was down 1.8%. Automakers raced to line up various incentives to get rid of extra inventory at the end of the year, bringing an unexpected bump in December sales, said analysts. Sales of the Lincoln Navigator also rose 6% in December. This is just the second time light truck sales have reached that mark in any month on record. For the year, vehicle demand skidded 8.9 percent while light-truck demand advanced 7.4 percent.SUV TAKEOVER: Toyota’s US sales chief, Bill Fay, said consumers’ shift from cars to SUVs is one of the most dramatic the industry has ever seen. “Key economic indicators, especially consumer confidence, continue to reflect optimism about the USA economy and strong customer demand continues to drive a very healthy US auto industry”. “We believe the USA auto industry remains well-positioned for sales to continue at or near record levels in 2017″.Toyota, which reported an 8.2 percent rise in China sales previous year, sees growth slowing in 2017 as slightly higher taxes keep some buyers away from the world’s biggest auto market. Off-lease used cars will be coming to market in big numbers next year, putting pressure on new auto sales. Samsung Gaming Laptop: Facts About the ‘Notebook Odyssey’
It really says something that we knew Samsung would have one of the lightest notebooks at CES 2017 and we were still blown away. The newest addition to the tech line of the South Korean company will be introduced during this year’s CES tradeshow.

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