"It's still a good, solid performance for the industry," Mark LaNeve, Ford Motor Co.'s vice president of U.S. marketing, sales and service, said in an interview last week. "I believe the economic backdrop that supports sales is solid. We have no reason to believe any of that will be different in 2020."
Ford, with an estimated 1.3 percent increase in December, was the only one of the six largest automakers to avoid finishing 2019 with a down month. American Honda sales fell 12 percent in December, and Nissan Group sales plunged 30 percent.
For the full year, Nissan Group's decline of 148,196 units, a 9.9 percent drop, accounted for more than two-thirds of the industry's total volume loss.