The couple remaining automakers who nonetheless report regular monthly U.S. sales are providing mixed January final results so much, with offer chain concerns continuing to weigh on the industry’s post-pandemic restoration.
Hyundai snapped a months-lengthy slide in January with a 10% bump in contrast to a year back and its highest January product sales ever, but the firm’s ongoing source struggles are a lot more apparent when January’s figures are put up towards December’s. Quantity dropped 7% to 47,872 from a month ago, but Hyundai introduced that its January figures came with zero help from fleet sales 100% of the units delivered were being retail.
Kia’s inventory constraints similarly held it back again. Its profits slipped far more than 5% as opposed to previous January and extra than 12% from December.
The story was comparable at Mazda, where by only the Mazda3 experienced a improved January than it did in 2020. The modest automaker concluded the thirty day period down just about 17% in quantity in contrast to very last January.
Furthermore, Subaru documented 44,158 motor vehicle product sales in the U.S. for January 2022, a 4.8% decrease in contrast with January 2021. Subaru cited semiconductor shortages and supply chain challenges.
We will update this submit as a lot more benefits are described.