Major automakers reported a sixth consecutive month of lower U.S. new auto sales for June. American auto dealers sold 1,474,360 cars last month, down 3% compared to the 1,519,249 vehicles sold in June 2016. For the first half of 2017 sales declined 2.1% to 8,452,453 units from 8,636,946 the same period last year.
Sales for June also declined 3% to a seasonally adjusted level of 16.51 million units. The figure is significantly below the level of 17 million achieved in 2015 and 2016. Additionally, it is the lowest level experienced since Feb 2015 and represents a 2% year-over-year decline.
Canadian auto sales set another record in June, making for a solid performance in the first half of the year as customer demand for light trucks was strong. Automakers sold 203,500 vehicles in June, up 6.5% from the year before and a record performance for the month, Canadian auto analyst Dennis DesRosiers wrote in a note.
Every month so far in 2017 with the exception of April has been a record-setting month for Canadian auto sales.
Also for the first time ever, more than one million new vehicles have been sold in Canada by the midway mark of the year. DesRosiers Automotive Consultants said 1,039,068 new vehicles were sold from January through June, a 5% increase from the same period last year.
Last June, auto dealers established in Mexico sold 127,410 cars and light trucks, down 5.3% compared to the same month of 2016, figures from the Mexican Auto Dealers Association (AMDA). During the first semester automakers delivered 743,051 new vehicles to Mexican customers, up 2.9% compared to the same period of 2017.