Thursday, June 28, 2012

Edmunds Issues June Sales Forecast: No Major Changes

JUNE 2012 SALES VOLUME FORECAST
Sales Volume June'12 Forecast June'11 May'12 Change from June 2011* Change from May 2012
GM 233,987 215,335 245,256 8.70% -4.60%
Ford 201,980 193,421 215,699 4.40% -6.40%
Toyota 184,512 110,937 202,973 66.30% -9.10%
Chrysler 143,521 120,394 150,041 19.20% -4.30%
Honda 126,610 83,892 133,997 50.90% -5.50%
Nissan 88,113 71,941 91,794 22.50% -4.00%
Industry 1,270,901 1,052,772 1,334,131 20.70% -4.70%
*NOTE: June 2012 had 27 selling days

With only a few days until the end of the month, Edmunds issued its June sales forecast. Edmunds expects that 1,270,901 new cars will be sold in June, translating into a 20.7 percent increase compared to June 2011, and a 4.7 percent decrease from May 2012. The Seasonally Adjusted Annual Rate (SAAR) is projected to come in at 13.9 million light vehicles.

JUNE 2012 MARKET SHARE FORECAST
Market Share June'12 Forecast June'11 May'12 Change from June 2011* Change from May 2012
GM 18.40% 20.50% 18.40% -2.00% 0.00%
Ford 15.90% 18.40% 16.20% -2.50% -0.30%
Toyota 14.50% 10.50% 15.20% 4.00% -0.70%
Chrysler 11.30% 11.40% 11.20% -0.10% 0.10%
Honda 10.00% 8.00% 10.00% 2.00% 0.00%
Nissan 6.90% 6.80% 6.90% 0.10% 0.00%

No major changes are expected in terms of market share. Toyota is projected to lose 0.7 percentage points from May.

Ford has expressed similar views of the June market.



from The Truth About Cars http://www.thetruthaboutcars.com




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