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German manufacturers increase U.S. sales to 1.4 million light vehicles

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Staff writer ▼ | January 12, 2016
The U.S. market expanded by 6 percent in 2015, reaching 17.4 million new light vehicles, passenger cars and light trucks, according to WardsAuto.
German light truck
Auto industry   The U.S. market expanded by 6 percent in 2015
"One trend is still continuing that was already visible in the preceding years: the light truck segment shows double-digit growth and is driving the market, said Matthias Wissmann, President of the German Association of the Automotive Industry (VDA), at the VDA's press conference in Detroit, Mich.

"In 2015 a total of nearly 9.9 million light trucks were sold, which was 13 percent more than in the year before. The passenger car segment, on the other hand, contracted by 2 percent to 7.5 million units.

"In 2015 the proportion of light trucks on the overall U.S. market rose to 57 percent, while passenger cars accounted for only 43 percent.

"Accordingly the middle CUV segment, with 3.2 million units, is now the segment with the highest sales and last year it squeezed the mid-size cars out of first place.

"In view of the low price of gasoline, this development should also continue this year. According to our forecasts the total U.S. market (for light vehicles) will increase slightly in 2016 – to 17.5 million vehicles (+1 percent)."


 

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