Almost every company reported U.S. sales declines compared with February, 2018 as the long-predicted slowdown appeared to finally take hold. Analysts have cited rising vehicle prices and interest rates, costs related to import tariffs and cold weather as among reasons for slowing new vehicle sales. Its Ram truck brand reported a record February with sales increasing 24% over February, 2018. But declines in every other brand pulled FCA’s overall sales down 2%. Nissan Group was down across the board with Nissan brand sales down 11.4% and Infiniti off 17.3% combining for an overall 12% sales decline.

Source: Forbes March 01, 2019 18:23 UTC