August SAAR Continues to Soar


new car purchase

CHICAGO -- Aug. 27, 2014: Cars.com forecasts August light, new-vehicle sales will hit 1,503,640 units, up 0.2 percent year-over-year and 4.8 percent from July. A SAAR of 16.6 million is expected for the month, an increase of 4.1 percent from August 2013 and 0.7 percent month-over-month.

Retail sales are expected to make up 87 percent of total sales in August, up 2.0 percent from August 2013.

"Summer clearance discounts on outgoing 2014 model-year vehicles and the arrival of new 2015 selections helped propel August sales to their highest levels in nine years," said Jesse Toprak, chief analyst for Cars.com, a leading car shopping site and automotive digital marketing company. "We expect sales to continue at a healthy pace through the end of the year, finishing out 2014 with 16.3 million total new-car units."

Unit Sales

Manufacturer

August 2014 Sales Forecast

YoY

MoM

Fiat Chrysler

192,426

16.2%

14.8%

Ford

215,640

-2.2%

2.0%

GM

273,452

-0.9%

6.8%

Honda

154,681

-7.1%

13.8%

Hyundai/Kia

120,238

1.8%

0.8%

Nissan

119,252

-1.0%

-1.8%

Toyota

218,110

-5.8%

1.1%

Volkswagen Group

51,468

-10.8%

4.0%

Total

1,503,640

0.2%

4.8%

 

Market Share

Manufacturer

August 2014 Sales Forecast

Jul-14

Aug-13

Fiat Chrysler

12.8%

11.7%

11.0%

Ford

14.3%

14.7%

14.7%

GM

18.2%

17.8%

18.4%

Honda

10.3%

9.5%

11.1%

Hyundai/Kia

8.0%

8.3%

7.9%

Nissan

7.9%

8.5%

8.0%

Toyota

14.5%

15.0%

15.4%

Volkswagen Group

3.4%

3.4%

3.8%

-->

Home | Buyers Guides By Make | New Car Buyers Guide | Used Car Super Search | Total New Car Costs | New Car and Truck Reviews
Automotive News | TACH-TV | Media Library | Discount Auto Parts

Copyright © 1996-2014 The Auto Channel. Contact Information, Credits, and Terms of Use. These following titles and media identification are Trademarks owned by The Auto Channel, LLC and have been in continuous use since 1987 : The Auto Channel, Auto Channel and TACH all have been in continuous use world wide since 1987, in Print, TV, Radio, Home Video, Newsletters, On-line, and other interactive media; all rights are reserved and infringement will be acted upon with force.

Privacy Statement | Size Does Matter | Media Kit | XML SITE MAP | Affiliates

Send your questions, comments, and suggestions to Editor-in-Chief@theautochannel.com.

Submit Company releases or Product News stories to submit@theautochannel.com.
Place copy in body of email, NO attachments please.

To report errors and other problems with this page, please use this form.

Link to this page: http://www.theautochannel.com/