Thursday, October 25, 2012

October Sales Projected To Be Up More than 10 Percent

TrueCar and Kelley Blue Book have submitted their sales projections for October. Both agree that the market should be up by more than ten percent in October, that Ford and GM will underperform, that Chrysler will continue to be strong, and that Volkswagen and Toyota will continue delivering stellar growth numbers.

Unit Sales Projection, October 2012
TrueCar Kelley
Manufacturer Oct'12 YoY Oct'12 YoY
Chrysler 131,496 14.80% 133,340 16.40%
Ford 176,408 5.30% 172,890 3.20%
GM 200,517 7.30% 203,400 8.80%
Honda 112,020 13.90% 115,000 16.90%
Hyundai/Kia 102,445 13.70% 100,000 11.00%
Nissan 86,114 4.60% 91,000 10.50%
Toyota 163,492 22.00% 169,500 26.40%
Volkswagen 47,857 25.10% 49,720 30.00%
Industry 1,137,744 11.50% 1,130,000 10.70%

En detail,  the forecasters' views differ slightly, or sometimes (such as with Nissan) more than slightly.

Market Share Projection, October 2012
TrueCar Kelley
Manufacturer Oct'12 Oct'11 Oct'12 Oct'11
Chrysler 11.60% 11.20% 11.80% 11.20%
Ford 15.50% 16.40% 15.30% 16.40%
GM 17.60% 18.30% 18.00% 18.30%
Honda 9.80% 9.60% 10.20% 9.60%
Hyundai/Kia 9.00% 8.80% 8.80% 8.80%
Nissan 7.60% 8.10% 8.10% 8.10%
Toyota 14.40% 13.10% 15.00% 13.10%
Volkswagen 4.20% 3.70% 4.40% 3.70%

At the market share front, Chrysler is seen adding slightly to its share, Ford and GM are expected to lose, Volkswagen and Toyota are projected to gain.

Disclainmer: These are forecasts, the end results will be different.



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




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