Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.



home / news releases / CARZ - Having Already Dropped For Years U.S. Auto Sales Plunged To 1970s' Level In 2020


CARZ - Having Already Dropped For Years U.S. Auto Sales Plunged To 1970s' Level In 2020

  • During the infamous year 2020, with all its distortions and shifts, automakers delivered 14.46 million new vehicles in the US, retail and fleet combined, down 15.4% from 2019, the largest year-over-year percentage decline since 2008 (-18%).
  • General Motors, the largest automaker in US sales, reported that its deliveries in the US in the year 2020 fell by 12% to 2.55 million units. It was the fifth year in a row of declines.
  • Toyota, which re-became the second largest automaker in the US last year, reported that its total sales in the US fell by 11.9% in 2020 to 2.11 million vehicles, thereby bypassing Ford, after having surrendered the second position to Ford in 2019.
  • Ford, the third largest automaker, reported that total sales in 2020 fell 15.6% from 2019 to 2.04 million vehicles, also the fifth year in a row of declines. Since 2015, its sales have dropped 21.4%.

For further details see:

Having Already Dropped For Years, U.S. Auto Sales Plunged To 1970s' Level In 2020
Stock Information

Company Name: First Trust NASDAQ Global Auto Index Fund
Stock Symbol: CARZ
Market: NASDAQ

Menu

CARZ CARZ Quote CARZ Short CARZ News CARZ Articles CARZ Message Board
Get CARZ Alerts

News, Short Squeeze, Breakout and More Instantly...