US – Large Luxury Car Sales Figures

The GCBC Analysis

Large luxury car sales in the U.S. didn’t do too great in the month of September and are struggling so far this year.

In the month of September, the segment is down about 3,000 units when compared to this month last year. When you look at the segment YTD, it’s down by about 18,000 units.

Leading the pack is the Tesla Model S. However, it was down about 71 percent for the month of September and about 53 percent for the year.

We expect large luxury car sales to continue to decline as the rest of the year progresses. There’s no indicators that this trend will change in the coming months.

We will report September 2019 Automotive Sales beginning on Tuesday, October 1st, 2019, beginning around 10 AM ET.

Data will trickle in throughout the day with the numbers being finalized by EOD. GCBC is also happy to announce that we will be adding quarterly sales reports and comparisons in addition to monthly sales comparisons beginning this quarter. We will also be adding monthly sales tables and charts to the mix as well.

Note: FCA US LLC will end its practice of reporting U.S. and Canada sales on a monthly basis following June results. FCA US and FCA Canada will report monthly sales for May and June. The first quarterly report will occur on October 1, 2019, covering the months of July, August, and September.