November Auto Sales Set the Tone for Final Stretch of 2013
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SANTA MONICA, CA--Nov. 21, 2013: Edmunds.com forecasts that 1,196,663 new cars and trucks will be sold in the U.S. in November for an estimated Seasonally Adjusted Annual Rate (SAAR) of 15.7 million. The projected sales will be a 0.7 percent decrease from October 2013, but a 4.7 percent increase from November 2012.
"Any economic uncertainty that car shoppers might have felt in October seems to be a distant memory by now," says Edmunds.com Senior Analyst Jessica Caldwell. "Car buyers are already taking advantage of advertised holiday deals, and as we plow deeper into the holiday season the table is set for 2013 to finish on a very strong note."
SALES VOLUME FORECAST, BY MANUFACTURER | |||||
Sales Volume |
Nov-13 Forecast |
Nov-12 |
Oct-13 |
Change from Nov 2012* |
Change from Oct 2013* |
GM |
200,783 |
186,505 |
226,402 |
7.7% |
-11.3% |
Ford |
182,451 |
177,092 |
191,267 |
3.0% |
-4.6% |
Toyota |
173,794 |
161,695 |
168,976 |
7.5% |
2.9% |
Chrysler Group |
134,817 |
122,565 |
140,083 |
10.0% |
-3.8% |
Honda |
114,687 |
116,580 |
114,538 |
-1.6% |
0.1% |
Nissan |
99,589 |
96,197 |
91,018 |
3.5% |
9.4% |
Hyundai/Kia |
93,493 |
94,542 |
93,309 |
-1.1% |
0.2% |
VW/Audi |
45,571 |
48,795 |
41,130 |
-6.6% |
10.8% |
Industry |
1,196,663 |
1,143,205 |
1,204,906 |
4.7% |
-0.7% |
*NOTE: November 2013 had 26 selling days, November 2012 had 25 and October 2013 had 27. |
MARKET SHARE FORECAST, BY MANUFACTURER | |||||
Market Share |
Nov-13 Forecast |
Nov-12 |
Oct-13 |
Change from November 2012 (Percentage pts.) |
Change from October 2013 (Percentage pts.) |
GM |
16.8% |
16.3% |
18.8% |
0.5% |
-2.0% |
Ford |
15.2% |
15.5% |
15.9% |
-0.2% |
-0.6% |
Toyota |
14.5% |
14.1% |
14.0% |
0.4% |
0.5% |
Chrysler Group |
11.3% |
10.7% |
11.6% |
0.5% |
-0.4% |
Honda |
9.6% |
10.2% |
9.5% |
-0.6% |
0.1% |
Nissan |
8.3% |
8.4% |
7.6% |
-0.1% |
0.8% |
Hyundai/Kia |
7.8% |
8.3% |
7.7% |
-0.5% |
0.1% |
VW/Audi |
3.8% |
4.3% |
3.4% |
-0.5% |
0.4% |