Quote:
Originally Posted by TheStanman
Currently sales are solely a function of production levels and do not provide meaningful insight into demand. OEMs are producing as as many cars as they can and selling every one, with few exceptions.
I'm curious how 6% decline compares to the industry average.
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Don't know about worldwide industry numbers, but US is down over 12% Q1 y/y. Source: goodcarbadcar.net. Here's some snapshots. BMW/Mini are one of the gainers along with Mazda and of course Tesla. Lot of losers. (Click on the photos if on mobile and you can see the names and YTD change y/y. I assume these are updated for Q1.)