This post was originally published on this site
Several major car companies reported softer U.S. sales for 2019, as the auto market shows signs of easing after posting a multiyear streak of near-record results.
General Motors Co.’s GM, -2.96% sales fell 2.3% for the year, dented in large part by a 40-day strike last fall that brought more than 30 U.S. factories to a standstill, the company said Friday.
In the fourth-quarter alone, the Detroit auto maker’s sales fell 6% over the prior-year period, illustrating the impact of the United Auto Workers strike, which depleted new-vehicle supply on dealership lots, the company said.
Fiat Chrysler Automobiles NV’s FCAU, -3.28% sales in the U.S. fell 1% last year, while Toyota Motor Corp. TM, -0.84% reported a nearly 2% decline in U.S. sales.
An expanded version of this report appears at WSJ.com.
Most popular at WSJ.com:
U.S. strike ordered by Trump kills key Iranian military leader.
Police tracked terror suspect — until his phone went dark after a Facebook warning.