U.S. auto sales fall in Q1 as chip shortage slows factories

U.S. auto sales fall in Q1 as chip shortage slows factories

2 years ago
Anonymous $R5WK5a8uaN

https://apnews.com/86ea3a3ff7d5e90e5b48edadb325e417

DETROIT (AP) — New-vehicle sales in the U.S. were expected to fall around 15% in the first quarter compared with a year ago, as the global computer chip shortage continued to slow factories amid high consumer demand.

General Motors reported Friday that its sales were down 20% for the quarter, while Toyota sales were off 15%. Stellantis sales were down 14%, while Nissan was off almost 30%. Honda reported a 23% decline, and Hyundai sales were fell just 4% from January through March.

U.S. auto sales fall in Q1 as chip shortage slows factories

Apr 1, 2022, 9:19pm UTC
https://apnews.com/86ea3a3ff7d5e90e5b48edadb325e417 > DETROIT (AP) — New-vehicle sales in the U.S. were expected to fall around 15% in the first quarter compared with a year ago, as the global computer chip shortage continued to slow factories amid high consumer demand. > General Motors reported Friday that its sales were down 20% for the quarter, while Toyota sales were off 15%. Stellantis sales were down 14%, while Nissan was off almost 30%. Honda reported a 23% decline, and Hyundai sales were fell just 4% from January through March.