Why drivers have less to buy new cars

The April sale loosened tightened financing conditions, especially in the new car market.

Experts claim that the April sale loosened tightened financing conditions, especially in the new car market. Another factor – rising prices.

After the final tally, the average cost of a car in April will be approximately $36 718. This year is the highest figure the Interest rates are also steadily increasing. The average in annual terms of 6.28% compared to 5,58%.

Toyota sold in April 183 866 vehicles (including Lexus), and the year before – 192 348 and is by 4% smaller.

General Motors and Ford reported sales only on a quarterly basis. But these estimates have decreased by almost 3% and 5% respectively.

Fiat Chrysler Automobiles has sold 173 825 cars – 6% less than in 2018. Fared well Ram Truck brand, whose sales rose from a quarter. But Jeep has sagged by 8%.

Honda showed a small increase of 0.1%, and Hyundai / Kia is 1.7%. The Volkswagen Group sold 3% less.

In the segment of cars of a class “Lux” BMW sales 26477 decreased by 2%, while Mercedes fell by 11%.

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