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September 17, 2009

September SAAR to Reach 8.8 Million, New-Car Demand Declines, Says Edmunds.com

The success of “Cash for Clunkers” in August created one of the biggest aberrations in the auto industry’s sales history, leading Edmunds.com analysts to predict September’s seasonally adjusted annual rate (SAAR) of 8.8 million.

September 2, 2009

Auto Incentives Fall for Fifth Straight Month, Says Edmunds.com

Edmunds.com estimated that the average automotive manufacturer incentive in the U.S. was $2,475 per vehicle sold in August 2009, down $231, or 8.5 percent, from July 2009, and down $327, or 11.7 percent, from August 2008.

August 28, 2009

August Sales Drive Up SAAR, Create Volatility, Says Edmunds.com

This month's new vehicle sales (including fleet sales) are expected to be around 1.17 million units, nearly a six percent decrease from August 2008 but up nearly 18 percent from July 2009, according to Edmunds.com.

August 21, 2009

GM-eBay Program Bumps Consumer Purchase Intent Up 10 Percent, Says Edmunds.com

Since the General Motors-eBay program launched, the number of site visitors conducting GM vehicle pricing research has jumped 10 percent higher in California than it has in the other 49 states, according to Edmunds.com.

August 19, 2009

“Cash for Clunkers” Sales on the Rapid Decline, Says Edmunds.com

The rush of automotive sales activity brought on by the "Cash for Clunkers" program is fading fast, according to Edmunds.com, whose latest study of car buyer behavior indicates that automotive purchase intent is down 31 percent from its peak in late July.

August 12, 2009

Interest in Cash for Clunkers Declines, Says Edmunds.com

Nearly three weeks after its initial launch, consumer interest in the government-funded “Car Allowance Rebate System” has already declined by 15 percent, according to purchase intent data from Edmunds.com.

August 6, 2009

“Cash for Clunkers” Produces 19.6 Million Shopping Rate, Says Edmunds.com

The federal “Cash for Clunkers” program generated a SAAR shopping rate of 19.6 million and boosted the percentage of trade-in vehicles involved in new-car sales, according to Edmunds.com.

August 4, 2009

Cash for Clunkers and Production Cuts Help Lower July Incentives, Says Edmunds.com

Edmunds.com estimated that the average automotive manufacturer incentive in the U.S. was $2,735 per vehicle sold in July 2009, down $134, or 4.7 percent, from June 2009, and up $90, or 3.4 percent, from July 2008. This represents the fourth consecutive month in which incentives have fallen.

July 27, 2009

Edmunds.com Simplifies “Cash for Clunkers” With New Calculator

Edmunds.com included an advanced calculator in its Cash for Clunkers Resource Center to help consumers determine if the federal program can work for them.

July 24, 2009

July Auto Sales Up 10 Percent From June, Says Edmunds.com

New vehicle sales (including fleet sales) in July are expected to be about 950,000 units, a 16.3 percent decrease from July 2008, but a 10.8 percent increase from June 2009, according to Edmunds.com.