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% |