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June 27, 2017 - Industry News

J.D. Power/LCM: June SAAR Expected to Fall to Five-Year Low

Despite record incentive spending, the auto industry is on pace to record its weakest first-half sales performance since 2014, according to the two firms. Days to turn remained at 70 through June 18, the highest level since July 2009.

Tags: days to turn, fleet sales, Forecast, incentive spending, new-vehicle sales, SAAR

September 27, 2016 - Industry News

LMC/J.D. Power: September Sales Expected to Fall Despite Record Incentives

For the fifth time in seven months, J.D. Power and LMC Automotive are predicting a year-over-year decline in new-vehicle retail sales for September. But officials with both firms said the numbers don't point to significant weakness or risk, but the firm does see challenges ahead.

Tags: Forecast, J.D. Power, LMC Automotive, new-vehicle sales, SAAR

July 14, 2016 - Industry News

LMC Lowers 2016 Sales Forecast

LMC Automotive has revised its forecast for U.S. auto sales for the 2016-2023 periods. The company expects nearly 250,000 fewer units will be sold each year during that timeframe, with a larger reduction occurring between 2016 and 2017.

Tags: Forecast, LMC Automotive, U.S. Sales

May 5, 2015 - Industry News

NADA: April Auto Sales Continue to Lead Economic Growth

Despite the average retail transaction price rising more than 3%, the NADA’s chief economist believes that future auto sales will continue to be backed by strong economic tailwinds.

Tags: Forecast, NADA, National Automobile Dealers Association, Vehicle Sales

February 10, 2015 - Industry News

NADA: Leasing Driving New-Vehicle Deliveries

Lease registrations have improved by an annual average of 18% since 2011, according to the NADA’s most recent installment of its Used Car Guide Perspective report.

Tags: Forecast, leasing, NADA Used Car Guide

November 18, 2014 - Industry News

NADA: New-Car Sales to Rise to 16.94 Million in 2015

At the NADA /J.D. Power Western Automotive Conference this week, NADA Chief Economist Steven Szakaly predicted that new-car and light truck sales will hit 16.94 million units in 2015.

Tags: Forecast, J.D. Power and Associates, NADA, National Automobile Dealers Association, SAAR

January 30, 2014 - Industry News

Weather Pushing Down January Sales, Edmunds Says

Edmunds expects January sales to drop 23.6% from December and 0.6% from January 2013. But the vehicle information site expects sales to pick up in February when the bad weather clears.

Tags: Edmunds.com, Forecast, new-vehicle sales, SAAR

February 7, 2012 - Industry News

New-Car Sales to Reach 13.9 Million, NADA’s Taylor Predicts

Paul Taylor, chief economist of the National Automobile Dealers Association, said 2012 will be another rebuilding year for the industry, and predicts sales will reach 13.945 million units this year.

Tags: Forecast, NADA, SAAR, Vehicle Sales

January 26, 2012 - Industry News

KBB Predicts 10 Percent Increase in January New-Car Sales

Kelley Blue Book analysts project January new-vehicle sales to pace at a 13.2 million seasonally adjusted annualized rate, and lists the European debt crisis and heightened tensions with Iran as threats to industry sales this year.

Tags: Forecast, KBB.com, new-vehicle sales

January 5, 2012 - Industry News

December Sales Jumped 10 Percent, Says NADA Economist

The Detroit 3 auto manufacturers held a key inventory advantage over their competitors, which led to higher U.S. new-car and light-truck sales in December, according to Paul Taylor, chief economist of the National Automobile Dealers Association (NADA).

Tags: Forecast, NADA

January 5, 2012 - Industry News

U.S. Automakers Well Positioned for 2012, Fitch Says

Fitch Ratings said it expects the financial profiles of U.S. automakers and parts suppliers to remain strong in 2012 despite sluggish global economic growth and weaker-than-expected North American light-vehicle demand.

Tags: Fitch Ratings, Forecast

December 20, 2011 - Industry News

Edmunds.com Predicts 13.6 Million-Unit Year for 2012

A sales forecast by Edmunds.com indicated that an estimated 13.6 million new cars and trucks will be sold in 2012.

Tags: Edmunds.com, Forecast, SAAR, sales predictions

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