Tags: toyota | fiat | chrysler | auto | sales | cars

Toyota, Fiat Chrysler US Auto Sales Fall in February

a key a black sports car and female hand giving money to a male hand isolated on a white background
(Stangot/Dreamstime)

Friday, 01 March 2019 12:16 PM EST

Toyota Motor Corp. and Fiat Chrysler Automobiles NV reported a fall in U.S. auto sales in February, as the industry faces weak demand following a long bull run after the financial crisis.

New vehicle sales are expected to drop in 2019 as rising interest rates weigh on sales and result in higher monthly repayment for car loans.

U.S. President Donald Trump's threat to impose a 25 percent tariff on imported cars risks a further hit to vehicle demand and profits for automakers, potentially forcing consumers to delay purchases and shift to the used car market, analysts say.

Toyota said its sales fell 5.2 percent to 172,748 vehicles in February due to declining sales of its flagship Camry sedan.

Fiat Chrysler said its February sales fell 2 percent to 162,036 vehicles, hurt by lower demand for its Fiat 500 small city cars and Jeep Compass sport utility vehicles.

© 2025 Thomson/Reuters. All rights reserved.


Companies
Toyota Motor Corp and Fiat Chrysler Automobiles NV reported a fall in U.S. auto sales in February, as the industry faces weak demand following a long bull run after the financial crisis.
toyota, fiat, chrysler, auto, sales, cars
147
2019-16-01
Friday, 01 March 2019 12:16 PM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
Get Newsmax Text Alerts
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved