January Auto Sales Suggest the Good Times Will Keep Rolling in 2013, says Edmunds.com

  January Auto Sales Suggest the Good Times Will Keep Rolling in 2013, says
  Edmunds.com

Business Wire

SANTA MONICA, Calif. -- January 24, 2013

Edmunds.com, the premier resource for automotive information, forecasts that
1,045,587 new cars and trucks will be sold in the U.S. in January for an
estimated Seasonally Adjusted Annual Rate (SAAR) of 15.3 million light
vehicles. The projected sales will be a 22.8 percent decrease from December
but a 14.5 percent increase from January 2012.

“January’s numbers show that vehicle sales stayed strong, even after the
holiday ads faded away and the replacement sales following Hurricane Sandy
started to dry up,” says Edmunds.com Senior Analyst Jessica Caldwell. “These
results certainly reinforce the exuberance and optimism that filled the air
last week at the North American International Auto Show in Detroit.”

SALES VOLUME FORECAST, BY MANUFACTURER
Sales Volume    Jan-13       Jan-12   Dec-12     Change from  Change from
                 Forecast                            Jan 2012*     Dec 2012*
GM              195,262      167,962  245,733    16.3%        -20.5%
Ford             164,317       136,293   212,902     20.6%         -22.8%
Toyota           147,008       124,540   194,143     18.0%         -24.3%
Chrysler Group   121,366       101,150   152,367     20.0%         -20.3%
Honda            97,416        83,009    132,774     17.4%         -26.6%
Nissan           82,235        79,313    99,290      3.7%          -17.2%
Industry         1,045,587     912,954   1,355,218   14.5%         -22.8%
*NOTE: January 2013 had 25 selling days, January 2012 had 24 and December 2012
had 26.

Edmunds.com estimates that retail SAAR will come in at 12.4 million vehicles
in January, with fleet transactions accounting for 19.0 percent of total
sales. An estimated 3.21 million used cars will be sold in January, for a SAAR
of 40.2 million (compared to 2.70 million – or a SAAR of 39.5 million – used
car sales in December).

AUTOMAKER PERFORMANCE

In terms of market share, most of the Big Six automakers should expect to be
in a better place than they were just a year ago. The only exception is
Nissan, whose January share is expected to drop 0.8 percentage points year
over year. But it’s not all gloom and doom for Nissan: its share is projected
to improve 0.6 points over December. Meanwhile, its fellow Japanese
competitors Honda and Toyota are expected to see their shares slide 0.5 and
0.2 percentage points, respectively, this month.

MARKET SHARE FORECAST, BY MANUFACTURER
                                         Change from       Change from
Market Share   Jan-13      Jan-12   Dec-12   January 2012       December 2012
               Forecast
                                     (Percentage       (Percentage
                                             pts.)              pts.)
GM             18.7%       18.4%    18.1%    0.3%               0.6%
Ford           15.7%       14.9%    15.7%    0.8%               0.0%
Toyota         14.1%       13.6%    14.3%    0.4%               -0.2%
Chrysler       11.6%       11.1%    11.2%    0.5%               0.4%
Group
Honda          9.3%        9.1%     9.8%     0.2%               -0.5%
Nissan         7.9%        8.7%     7.3%     -0.8%              0.6%

More insight into recent auto industry trends can be found in Edmunds.com’s
Industry Center at http://www.edmunds.com/industry-center/.

About Edmunds.com, Inc.

At Edmunds.com, we’re committed to helping people find the car that meets
their every need. Almost 18 million visitors use our research, shopping and
buying tools every month to make an easy and informed decision on their next
new or used car. Whether you’re at the dealership or on the go, we’re always
by your side with our five-star Edmunds.com iPhone and iPad apps and our
Edmunds.com Android App. Our comprehensive car reviews, shopping tips, photos,
videos and feature stories offer a friendly and authentic approach to the
automotive world. We’re based in Santa Monica, Calif., but you can connect
with us from anywhere by following @Edmunds on Twitter or by becoming a fan of
Edmunds.com on Facebook.

Contact:

Edmunds.com Corporate Communications
Jeannine Fallon/Aaron Lewis/Stephanie Mar
Media Hotline: 310-309-4900
pr@edmunds.com
www.Edmunds.com
 
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