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U.S. car sales

While still the best-selling sedan in U.S., Toyota Camry sales dropped 10% in 2016.
Toyota

In 2015, for the first time ever, compact SUVs outsold sedans in the U.S.

Consumers continued to ditch sedans for SUVs this year. For example, while still the best-selling sedan in the U.S., sales of the Toyota Camry dropped ten percent in 2016. 

Sales of other formerly popular sedans plummeted even further. 

Michelle Krebs of Autotrader says gas prices remain low, and SUVs are a lot more fuel efficient than they used to be.

U.S. auto sales were a bright spot in a sea of bad economic news in August.  Most companies reported increases from the same month a year ago. 

Consumer sentiment in August fell to its lowest level since November 2007, stock markets dove, and fears of a double-dip recession increased. 

Those conditions usually flatten U.S. vehicle sales.

Yet car sales rode the storm, with sales at Chrysler  up 30%, GM,  up 18% and Ford,  up 11%.