New-Car Sales Pace Above 15 Million Seasonally Adjusted Annual Rate for Sixth Consecutive Month

New-Car Sales Pace Above 15 Million Seasonally Adjusted Annual Rate for Sixth
                              Consecutive Month

Truck Sales Continue Strength with New-Home Construction, Low Fuel Prices;
Mid-Size Sedan Race Heats Up

PR Newswire

IRVINE, Calif., April 24, 2013

IRVINE, Calif., April 24, 2013 /PRNewswire/ --Through the first three weeks
of April 2013, new-car sales are on pace to remain above a 15 million unit
annual selling pace for the sixth consecutive month, according to Kelley Blue
Book www.kbb.com, the leading provider of new and used car information.
Kelley Blue Book projects light vehicle sales to surpass 1.3 million units by
month end, which is an 11.4 percent annual gain. Sales are driven by host of
factors, including low interest rates and increasingly favorable credit
conditions, high used-car trade-in values, and fresh redesigns such as the
all-new 2013 Honda Accord, Ford Fusion and Nissan Altima.

(Logo: http://photos.prnewswire.com/prnh/20121108/LA08161LOGO)

"Ford is poised to post significant gains, with an increase of 15.3 percent
because of strong demand for the Fusion and Focus, both of which improved
sales by more than 20 percent in the first quarter," said Alec Gutierrez,
senior market analyst of automotive insights for Kelley Blue Book. "Consumer
demand for new vehicles is strong, which is evident in the strength of the
retail market."

Out of the top eight manufacturers, only Hyundai is expected to decline.
Although strong entrants like the Hyundai Sonata, Elantra and Tucson remain
competitive and stylish, stiff competition from fresher redesigns and more
recent introductions such as the Honda Accord, Ford Fusion and Mazda CX-5 have
eaten into Hyundai's market share.

                              Sales Volume ^1           Market Share ^2
Manufacturer                  Apr-13    Apr-12    YOY % Apr-13 Apr-12 YOY
General Motors                239,000   213,387   12.0% 18.1%  18.0%  0.1%
Ford Motor Company            208,000   180,350   15.3% 15.8%  15.2%  0.5%
Toyota Motor Company          192,000   178,044   7.8%  14.5%  15.0%  -0.5%
Chrysler Group                158,000   141,165   11.9% 12.0%  11.9%  0.1%
American Honda                130,000   122,012   6.5%  9.8%   10.3%  -0.5%
Hyundai-Kia                   109,000   109,814   -0.7% 8.3%   9.3%   -1.0%
Nissan North America          88,000    71,329    23.4% 6.7%   6.0%   0.7%
Volkswagen                    56,000    49,249    13.7% 4.2%   4.2%   0.1%
Total ^3                      1,320,000 1,184,567 11.4% -      -      -
^1 Historical data from OEM sales announcements
^2 Kelley Blue Book Automotive Insights
^3 Includes brands not shown

Compact crossovers and full-size pickup trucks once again will lead
year-over-year sales gains in April, with expected annual increases of 17.6
and 21.3 percent, respectively. Truck sales experienced growth in response to
steady gains in new-home construction starts and cheaper gas prices, while
small crossovers are benefiting from strong redesigns and new introductions
such as the Honda CR-V, Ford Escape and Mazda CX-5.

The mid-size sedan segment will continue to lead the industry at 18.2 percent
market share, thanks to strong demand for the Toyota Camry, Honda Accord,
Nissan Altima and Ford Fusion. The Camry has led the segment through Q1, but
only maintains a little more than a 10,000 unit lead over the Honda Accord,
Nissan Altima and Ford Fusion.

                               Sales Volume ^1           Market Share
Segment                        Apr-13    Apr-12    YOY%  Apr-13 Apr-12 YOY
Mid-Size Car                   240,240   223,888   8.5%  18.2%  18.9%  -0.7%
Compact Car                    191,400   174,295   12.1% 14.5%  14.7%  -0.2%
Compact Crossover              157,034   128,186   22.5% 11.9%  10.8%  1.1%
Full-Size Pickup Truck         154,759   122,530   26.3% 11.7%  10.3%  1.4%
Subcompact Car                 55,440    53,956    8.0%  4.2%   4.6%   -0.4%
Total ^2                       1,320,000 1,184,567 11.4% -      -      -
^1 Kelley Blue Book Automotive Insights
^2 Includes segments not shown

For more information and news from Kelley Blue Book's KBB.com, visit
www.kbb.com/media/, follow us on Twitter at www.twitter.com/kelleybluebook (or
@kelleybluebook), like our page on Facebook at www.facebook.com/kbb, and get
updates on Google+ at https://plus.google.com/+kbb/.

About Kelley Blue Book (www.kbb.com)

Founded in 1926, Kelley Blue Book, The Trusted Resource®, is the only vehicle
valuation and information source trusted and relied upon by both consumers and
the industry. Each week the company provides the most market-reflective
values in the industry on its top-rated website www.kbb.com, including its
famous Blue Book® Trade-In and Suggested Retail Values and Fair Purchase
Price, which reports what others are paying for new cars this week. The
company also provides vehicle pricing and values through various products and
services available to car dealers, auto manufacturers, finance and insurance
companies as well as governmental agencies. KBB.com provides consumer pricing
and information on cars for sale, minivans, pickup trucks, sedan, hybrids,
electric cars, and SUVs. Kelley Blue Book Co., Inc. is a wholly owned
subsidiary of AutoTrader Group.

SOURCE Kelley Blue Book

Website: http://www.kbb.com
Contact: Joanna Pinkham, +1-949-268-3079, jpinkham@kbb.com, or Brenna
Robinson, +1-949-267-4781, berobinson@kbb.com, or Natalie Kumaratne,
+1-949-267-4770, nkumaratne@kbb.com
 
Press spacebar to pause and continue. Press esc to stop.