- The average transaction price paid for a vehicles in the U.S. during December rose 1.9% Y/Y and 1.1% M/M to $33,168, according to an estimate from TrueCar.
- ATP changes (Y/Y): Hyundai (OTCPK:HYMLF) +9.4%, Subaru (OTCPK:FUJHY) +4.3%, Volkswagen (VLKAY) +3.7%, Nissan (OTCPK:NSANY) +2.7%, General Motors (GM) +2.4%, Ford (F) +2.2%, Fiat Chrysler Automobiles (FCAU) +1.9%, Kia +1.7%, Honda (HMC) +1.2%, Toyota (TM) -1.3%.
- Incentive spending as a percentage of ATP was up 8.7% in December vs. +8.8% in November and +8.4% a year ago. The Big Three Detroit automakers were on the higher end, while Subaru and Toyota were the tightest of the bunch.
- Previous on U.S. auto sales: Fiat Chrysler Automobiles, Ford, General Motors, Toyota