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U.S. auto sales dropped in 2017 but remain strong
Published in 9-1-2018
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DETROIT - The U.S. auto industry's historic growth streak has ended, but demand for new vehicles - especially SUVs - remains healthy as the new year begins. U.S. auto sales fell 2 percent to 17.2 million in 2017, according to Autodata Corp. It was their first year-over-year decline since 2009, ending an unprecedented seven-year expansion. General Motors, Toyota and Ford all reported a 1 percent declines in sales last year compared to 2016. Fiat Chrysler's sales fell 8 percent. Honda's sales were flat, while Nissan's rose 2 percent. Volkswagen brand sales rose 5 percent. While sales fell short of 2016's record of 17.55 million, 2017 was still the fourth-best sales year in U.S.