According to the National Automobile Dealers Assocation (NADA) May edition of Mark Beat, sales of new crossovers, SUVs and pickup trucks continued to gain market share through the first five months of 2017 in the U.S.
“While May traditionally is a good month for selling cars, light-vehicle sales came in below expectations,” said NADA Chief Economist Steven Szakaly. “The bright spot is the light-truck segment, which continues to grow market share and has comprised 62.7 percent of sales so far this year.”
Incentives offered during the Memorial Day weekend did not boost demand, which resulted in a seasonally adjusted annual
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