Edmunds Sees September Up 8.8 Percent

Sales Forecast, August 2012 Sales Volume Sept'12 Sept'11 Aug'12 YoY MoM GM 211,064 207,145 240,520 1.90% -12.20% Ford 176,049 174,862 196,749 0.70% -10.50% Toyota 160,560 121,451 188,520 32.20% -14.80% Chrysler 138,030 127,334 148,472 8.40% -7.00% Honda 114,606 89,532 131,321 28.00% -12.70% Nissan 88,977 92,964 98,515 -4.30% -9.70% Industry 1,145,344 1,053,153 1,284,635 8.80% -10.80% A day after TrueCar and Kelley handed in their sales forecasts for September, Edmunds followed. Edmunds is more on the cautious side and projects that 1,145,344 new cars and trucks will be sold in the U.S. this month for an estimated Seasonally Adjusted Annual Rate (SAAR) of 14.4 million light vehicles, and up 8.8 percent from a year before. Market Share Forecast, August 2012 Sept'12 Sept'11 Aug'12 YoY MoM GM 18.40% 19.70% 18.70% -1.20% -0.30% Ford 15.40% 16.60% 15.30% -1.20% 0.10% Toyota 14.00% 11.50% 14.70% 2.50% -0.70% Chrysler 12.10% 12.10% 11.60% 0.00% 0.50% Honda 10.00% 8.50% 10.20% 1.50% -0.20% Nissan 7.80% 8.80% 7.70% -1.10% 0.10% Chrysler is expected to have a big jump in U.S. market share in September, while GM's  share is expected to deteriorate. Edmunds predicts Toyota's market share to drop 0.7 points from a month before. from The Truth About Cars http://www.thetruthaboutcars.com

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