Interesting article "U.S. Car Demand Collapse Jeopardizes Trump's Auto Factory Push" in Bloomberg. The thesis of the article is that customer taste for sedans has plummeted and roomier SUV/CUV variants are more popular. The cars that are cited seem like the drop also could be related to the Model 3:
- Ford Fusion: down 37 percent
- Chevrolet Malibu: down 36 percent
- Toyota Prius: down 29 percent
Interesting counter-point to the thesis is in the "Share Declines" section:
"The one U.S. automaker to see its shares rise was Tesla Inc., whose upcoming mass-market Model 3 sedan gives the company a shot a real growth. The electric-car maker’s market capitalization surged past Ford for the first time."
No other mention of Tesla and the Model 3. I wonder what the demand for BMW 3-Series and MB C Class looks like?