2020 Q1 sales are in and the numbers are not looking good.
COVID-19 cuts the automotive industry deep. Coronavirus has led auto sales down across the board. Production hits and vehicle assembly plants being closed have left the industry down.
The Ford F-Series remains the number one best seller with 186,562 units sold in Q1. This quarter they sold 20% less than in 2019 Q4 and are down 13% when compared to last year. The Chevrolet Silverado saw a 27% gain compared to last year but is down 11% to last quarter. The biggest drop in sales in this list would be the Nissan Rogue with a loss of 36%.
For more details on our Best Sellers Report here.
Manufacturer and Brand Market Share Report
Every quarter, we compare how much market share each automotive manufacturer and brand commands.
For this quarter, we see industry numbers down for all brands and manufacturers. What automotive brand lost the most market share this quarter? Nissan Motors lost the most market share this quarter. We see actual modest gains in market share for the Ram and Lincoln brand.
For more details on our Manufacturer and Brand Share Report, click below.
Automotive Segment Share Report
Every quarter, we compare how much market share each segment controls.
Car and sedans sales have seen a steep decline for a while now, but this quarter, we see a 24% drop in sales while SUVs suffer a still significant 14% drop. Surprisingly pickup trucks have made a modest segment gain of 2%.
For more details on our Segment Report, click below.