agent Entrepreneur logo
MenuMENU
SearchSEARCH

January Auto Sales Yo-Yo from Brand to Brand

February 3, 2014
2 min to read


(Reuters) - U.S. automakers Ford Motor Co. and General Motors Co. saw January auto sales plummet, missing analysts' estimates for the month. But early sales results were mixed for other companies and brands, with Chrysler Group, a unit of Fiat Chrysler Automobiles, and Nissan North America reporting increases and topping analysts' estimates, while Toyota Motor Sales USA missed on a year-to-year decline.


There was little consistency in the initial sales reports. GM estimated industry sales in January were at a seasonally adjusted annual rate of 15.3 million.

Ad Loading...


GM, Ford and Toyota, the top three U.S. sellers, all blamed bad weather for poor performances.


Ford said company sales fell 7.1 percent to 154,644. Analysts polled by Reuters had projected 157,441. Ford brand sales dropped 8.4 percent, with declines in such popular models as the Fusion mid-size sedan and the F-Series full-size pickup. But Lincoln brand sales jumped 42.5 percent, on the strength of the MKZ sedan and the MKX crossover.


GM sales dropped 11.9 percent to 171,486, compared with analysts' average projection of 187,782. All four of GM's U.S. brands saw January sales decline.


Chrysler Group's U.S. January sales rose 8 percent to 127,183, bolstered by increases at its Jeep and Ram truck brands.


Nissan said sales climbed 11.8 percent to 90,470, above analysts' consensus estimate of 88,744. Sales were driven in part by the Altima mid-size sedan, which beat the Ford Fusion and sold twice as many as the Chevrolet Malibu.

Ad Loading...


Toyota's January sales fell 7.2 percent to 146,365, missing analysts' estimate of 153,003.


Volkswagen of America saw January sales plunge 19.0 percent to 23,494, as its three top sellers - the Golf and Jetta compacts and the mid-size Passat sedan - all fell from a year earlier.


While snow and bone-chilling weather likely hurt total U.S. auto sales for the month, analysts said any dip in monthly sales shouldn't cut into the automotive industry's months' long rebound, which has been outpacing the recovery of the overall U.S. economy since the 2008-2010 downturn.


Thirty-seven economists polled by Thomson Reuters expect the industry's annual selling rate of light vehicles in January to finish at 15.7 million vehicles. The range of economists' forecasts were 15 million vehicles to 16 million vehicles.


In January 2013, the industry's annual sales rate was 15.23 million vehicles.

More Industry

Group photo of men outside storefront.
Industryby Hannah MitchellMay 28, 2026

Pennsylvania Dealership Under New Retailers

The sale of the Chrysler Dodge Jeep Ram store puts a family auto group on a leaner path as first-time dealers take the helm.

Read More →
Hallway with lockered wiring and computer
Industryby Lauren LawrenceMay 28, 2026

Battery Storage Takes Priority Over EVs

U.S. automakers are prioritizing battery energy stationary storage over electric-vehicle production as the consumer demand for EVs lags the rest of the world.

Read More →
Gray-scale photo of a line of Mini cars in a dealership parking lot
Industryby Hannah MitchellMay 27, 2026

Auto Dealers Feel Better But Not Great

A second-quarter Cox Automotive poll of franchised retailers and independents found better views of the current market after a good spring but anticipation of third-quarter storminess.

Read More →
Ad Loading...
Closeup photo of the front of a white car
Industryby Hannah MitchellMay 21, 2026

New-Vehicle Sales Picture Relative

A May forecast is complicated by last spring’s trade tariff effects on auto retail. Despite continued hard realities, many consumers took advantage of ways to bite the bullet.

Read More →
Nissan logo on front of building
Industryby Lauren LawrenceMay 21, 2026

Auto Group Acquires Third Nissan Rooftop

Iowa-based Coleman Automotive Group recently acquired its seventh dealership, McGrath Nissan, which it renamed Nissan of Elgin.

Read More →
Couple talking with auto salesman next to new car inside dealership
Industryby Hannah MitchellMay 20, 2026

April Less Affordable

Based on prices, reduced incentives and slower household income growth, consumers found it more challenging to buy new last month, Cox Automotive reported.

Read More →
Ad Loading...
Wooden people figures of different colors in a row, similar to board game pieces
IndustryMay 20, 2026

Building an Extraordinary F&I Agency

Work to determine your specialized talent, because that fact will determine everything about your agency’s future.

Read More →
Ingredient card, policies and procedures, fixed operations, variable operations, data security, audit
Industryby Jim GantherMay 19, 2026

Recipe for Compliance

The secret to both amazing barbecue and compliance is the same: understanding the basics and committing to a process.

Read More →
Photo of new Chevrolet Bolt parked on a beach
Industryby Hannah MitchellMay 14, 2026

EVs Getting More Attractive

A growing percentage of U.S. consumers are open to switching and fewer are adverse to the idea, according to a recently completed survey. That’s despite the end of a tax break.

Read More →
Ad Loading...
Benchmark bar graph showing April 2026 EV Sales
Industryby Lauren LawrenceMay 14, 2026

EV Sales Drop in April Following Surge

North American electric-vehicle sales were down 28% year-over-year, a sharp contrast from global EV sales growth of 6%.

Read More →