The Wall Street Journal: Car sales hit the skids in 2019

This post was originally published on this site

Several major car companies reported softer U.S. sales for 2019, as the auto market shows signs of easing after posting a multiyear streak of near-record results.

General Motors Co.’s GM, -2.90%  sales fell 2.3% for the year, dented in large part by a 40-day strike last fall that brought more than 30 U.S. factories to a standstill, the company said Friday.

In the fourth-quarter alone, the Detroit auto maker’s sales fell 6% over the prior-year period, illustrating the impact of the United Auto Workers strike, which depleted new-vehicle supply on dealership lots, the company said.

Fiat Chrysler Automobiles NV’s FCAU, -3.28%  sales in the U.S. fell 1% last year, while Toyota Motor Corp. TM, -0.97%  reported a nearly 2% decline in U.S. sales.

An expanded version of this report appears at

Most popular at

U.S. strike ordered by Trump kills key Iranian military leader.

Police tracked terror suspect — until his phone went dark after a Facebook warning.

Add Comment