Major auto makers on Tuesday posted declines in U.S. sales for the first quarter, adding pressure on car companies already grappling with weaker conditions in important markets globally.
Analysts expect the industry to report an overall decline of around 5% in sales for March, historically one of the biggest months for car sales as the unofficial start to the spring selling season. First-quarter sales are expected to decline 3% to 4% compared with a year earlier, according to analyst estimates.
Car makers don't get that a lot of us consumers will trade the bells & whistle's for a lower priced vehicle.