FI showroom red and grey logo
MenuMENU
SearchSEARCH

December Deliveries Pacing at 16.3 Million-Unit Annual Rate

A series of upbeat metrics has CNW putting December new-vehicle sales in the 1.5 million-unit range, a 10% increase vs. the year-ago period.

by Staff
December 17, 2013
2 min to read


BANDON, Ore. — Based on metrics for the first half of December, CNW reported this week that new-vehicle sales are on pace to reach about 1.5 million units. If the pace continues, the industry will have sold 10% more than December 2012.

Driving the market research firm’s prediction were a series of upbeat metrics, including a 17.8% surge in floor traffic. Additionally, more than half of the showroom shoppers polled by CNW are within a few weeks of making a vehicle acquisition.

Ad Loading...

“Add to the higher floor traffic a strong increase in closing ratios,” wrote CNW’s Art Spinella is his firm’s monthly enewsletter. “Up 6.5% versus last month, closing ratios are heaviest among middle 40-year-olds.”

“And with same-store sales up more than 11% and subprime approvals slightly ahead of last year (up 0.72%), the only major concern is the seemingly ever-increasing Jitter Index.”

The firm’s Jitter Index measures consumer sentiment regarding home-centric economic issues. And according to CNW’s December reading, the index increased 1.23% vs. a year ago and 0.22% vs. November.

One of the drivers of CNW’s positive December outlook is female car buyers, which the firm said are regaining ground lost during the recession in terms of dollar value of vehicles acquired. In 2006, CNW noted, female purchases of cars and trucks accounted for 45.5% of all money spent on new vehicles. Through the Great Recession, that percentage fell to 36 percent. Through mid-December, however, that percentage climbed to more than 39 percent.

More Auto Finance

Photo of person grabbing stacks of cash from a surface
Auto Financeby Gil Van OverMarch 30, 2026

Permission or Approval: When to Notify Finance Sources

Credit card down payments, multiple vehicle purchases and even straw purchases can be completed without committing bank fraud, as long as you tell the bank first.

Read More →
Three people's hands on desk as one signs a document
Auto Financeby Hannah MitchellMarch 11, 2026

At-Risk Auto Borrowers Drive Looser Credit Access

Cox Automotive’s index shows the subprime segment, long loan terms, negative-equity borrowers and down payment amounts all grew in February despite ever-higher vehicle prices.

Read More →
Auto Financeby Lauren LawrenceFebruary 23, 2026

Auto Loan Forecast Bucks Market Trend

Auto loan originations rose over 6% year-over-year in the third quarter of 2025, but TransUnion predicts a slight decline in auto loan growth this year, making it an outlier in the company's overall lending forecast.

Read More →
Ad Loading...
Auto Financeby Hannah MitchellFebruary 11, 2026

Auto Credit More Plentiful

Growing access shows greater lender appetite for risk as consumers take on heavier debt burden in an inflated market.

Read More →
Auto Financeby Hannah MitchellJanuary 27, 2026

Auto Loans Long as Stretch Limos

More consumers, faced with ever-rising car prices, are adapting by agreeing to longer loan terms despite the cost of added interest payments.

Read More →
A person holds a stack of cash with a small red toy car on top.
Auto Financeby StaffJanuary 20, 2026

AutoPayPlus Launches RePayPlus

The reinsured biweekly payment program offers auto dealers with customer retention and reinsurance structure.

Read More →
Ad Loading...
F&Iby Hannah MitchellJanuary 12, 2026

Auto Credit Access Loosens

December brought some of the best borrowing availability for consumers in years, though lenders tightened their reins on riskier segments of the market.

Read More →
A hand holding small burlap money bags next to a toy red car, symbolizing auto financing, loan payments, and dealership profitability.
Industryby StaffNovember 14, 2025

Report Uncovers $4.7B Opportunity for Auto Dealers

Solving mismatched payment quotes can boost sales, profits

Read More →
Industryby Hannah MitchellNovember 10, 2025

Auto Loans More in Reach

October easier to tap despite approval rates falling

Read More →
Ad Loading...
Industryby Hannah MitchellNovember 3, 2025

Q3 Auto Loans Reveal Stress

Data reflect growing finance activity on the extreme ends of credit risk scale

Read More →