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"While some of our competitors are abandoning sedans, we remain optimistic about the future of the segment," Toyota said in a statement. Smaller rival Fiat Chrysler Automobiles NV on Tuesday reported a 7.3 percent fall in U.S. sales in March, hit by a fall in sales across all of its major brands except RAM trucks.
FCA, the No. 4 automaker in the United States said it sold 200,307 vehicles in March, compared with 216,063, a year earlier. Industry consultants J.D. Power and LMC Automotive have forecast U.S. auto sales to drop about 2.1 percent in March from a year earlier, partly due to bad weather, mixed economic data and lower tax refunds.
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