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July New Car Sales Estimated at Nearly 1.5 Million, Keeping SAAR Above 17 Million


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SANTA MONICA, CA -- July 30, 2015: Edmunds.com forecasts that 1,478,025 new cars and trucks will be sold in the U.S. in July for an estimated Seasonally Adjusted Annual Rate (SAAR) of 17.1 million. The projected sales will be a 0.3 percent increase from June 2015, and a 3.2 percent increase from July 2014.

"The first half of 2015 was the best six months in a decade for new car sales, and the pattern of strength continued into July," commented Jessica Caldwell, Director of Industry Analysis for car shopping website Edmunds.com. "We anticipate that sales will be robust throughout the summer, commensurate with the confidence of the American car shopper."

SALES VOLUME FORECAST, BY MANUFACTURER

Sales Volume

July 2015 Forecast

July 2014

June 2015

Change from July 2014

Change from June 2015

GM

263,634

256,160

259,353

2.9%

1.7%

Ford

215,796

211,467

224,681

2.0%

-4.0%

Toyota

211,438

215,802

209,912

-2.0%

0.7%

FCA

175,950

167,667

185,035

4.9%

-4.9%

Honda

142,855

135,908

134,397

5.1%

6.3%

Nissan

132,388

121,452

124,228

9.0%

6.6%

Hyundai/Kia

121,789

119,320

121,639

2.1%

0.1%

VW/Audi

46,561

45,169

48,698

3.1%

-4.4%

Industry

1,478,025

1,432,271

1,473,162

3.2%

0.3%


*NOTE: July 2015 had 26 selling days, July 2014 had 26 and June 2015 had 25.

Edmunds.com estimates that retail SAAR will come in at 14.9 million vehicles in July, with fleet transactions accounting for 12.8 percent of total sales. An estimated 3.22 million used cars will be sold in July, for a SAAR of 36.9 million (compared to 2.99 million – or a SAAR of 37.3 million – used car sales in June).

MARKET SHARE FORECAST, BY MANUFACTURER

Market Share

July 2015 Forecast

July 2014

June 2015

Change from July 2014

Change from June 2015

GM

17.8%

17.9%

17.6%

0.0%

0.2%

Ford

14.6%

14.8%

15.3%

-0.2%

-0.7%

Toyota

14.3%

15.1%

14.2%

-0.8%

0.1%

FCA

11.9%

11.7%

12.6%

0.2%

-0.7%

Honda

9.7%

9.5%

9.1%

0.2%

0.5%

Nissan

9.0%

8.5%

8.4%

0.5%

0.5%

Hyundai/Kia

8.2%

8.3%

8.3%

-0.1%

0.0%

VW/Audi

3.2%

3.2%

3.3%

0.0%

-0.2%