US car sales slow as buyers hit brake

Chicago

UNITED States car buyers hit the brake pedal in the new year, with the industry on Wednesday reporting a significant slowdown from December, but sales could be on track for another big year.

GM, Ford, Toyota and the North American arm of Fiat Chrysler, FCA US, all saw sales dwindle, though it is a traditionally slow month for carmakers as winter sets in and consumers recover from holiday spending.