FI showroom red and grey logo
MenuMENU
SearchSEARCH

Edmunds.com Forecasts October Auto Sales, Predicts 10.35 Million SAAR

This month's new vehicle sales (including fleet sales) are expected to be 830,000 units, a 0.6 percent decrease from October 2008 but an 11.4 percent increase from September 2009, according to Edmunds.com, the premier online resource for automotive information.

by Staff
October 30, 2009
4 min to read


SANTA MONICA, Calif. — This month's new vehicle sales (including fleet sales) are expected to be 830,000 units, a 0.6 percent decrease from October 2008 but an 11.4 percent increase from September 2009, according to Edmunds.com, the premier online resource for automotive information.

Edmunds.com analysts predict that October's Seasonally Adjusted Annualized Rate (SAAR) will be 10.35 million, up from 9.19 in September.

Ad Loading...

"This month’s SAAR will be the year’s highest, discounting the months when the Cash for Clunkers program helped spur sales," observed Jessica Caldwell, director of industry analysis for Edmunds.com. "There are clear signs that the automotive industry is finally starting to recover from the painful lows experienced earlier this year."

October 2009 had 28 selling days, one more than last October 2008. When adjusted for this difference, sales decreased 4.1 percent as compared to October 2008. (The chart below sets forth other unadjusted and adjusted comparisons.)





Change from October 2008(Adjusted for more selling days)



Change from October 2008(Unadjusted for more selling days)


Change from September 2009 (Unadjusted for more selling days)

Chrysler

-33.8%

-31.4%

4.3%

Ford

-6.9%

-3.5%

12.6%

GM

2.0%

5.7%

14.8%

Honda

-0.8%

2.9%

14.4%

Hyundai

33.4%

38.3%

-5.5%

Nissan

8.6%

12.7%

15.8%

Toyota

-9.6%

-6.2%

13.2%

Industry Total

-4.1%

-0.6%

11.4%


The combined monthly U.S. market share for Chrysler, Ford and General Motors (GM) domestic nameplates is estimated to be 44.7 percent in October 2009, down from 47.4 percent in October 2008 but up from 44.5 percent in September 2009.

"We anticipate that in October General Motors will achieve its highest market share year-to-date. The company has some momentum at the moment, and its investment in incentives and marketing seems to be paying off," Senior Analyst Michelle Krebs noted in her report on Edmunds' AutoObserver.com. "Ford’s market share is hovering in the same range it has for the past year, while Chrysler has lost 3.5 points of market share in the past year.”



Forecast Market Share

October 2009

Actual Market Share

October 2008

Actual Market Share

September 2009

Chrysler

7.8%

11.3%

8.3%

Ford

15.4%

15.8%

15.2%

GM

21.5%

20.3%

20.9%

Honda

10.7%

10.3%

10.4%

Hyundai

6.2%

4.4%

7.1%

Nissan

7.7%

6.8%

7.4%

Toyota

17.2%

18.2%

16.9%


Edmunds.com predicts Chrysler will sell 65,000 units in October 2009, down 31.4 percent compared to October 2008 but up 4.3 percent from September 2009. This would result in a new car market share of 7.8 percent for Chrysler in October 2009, down from 11.3 percent in October 2008 and down from 8.3 percent as in September 2009.

Ad Loading...

Edmunds.com predicts Ford will sell 128,000 units in October 2009, down 3.5 percent compared to October 2008 but up 12.6 percent from September 2009. This would result in a new car market share of 15.4 percent of new car sales in October 2009 for Ford, down from 15.8 percent in October 2008 but up from 15.2 percent in September 2009.

Edmunds.com predicts GM will sell 179,000 units in October 2009, up 5.7 percent compared to October 2008 and up 14.8 percent from September 2009. GM's market share is expected to be 21.5 percent of new vehicle sales in October 2009, up from 20.3 percent in October 2008 and up from 20.9 percent in September 2009.

Edmunds.com predicts Honda will sell 88,000 units in October 2009, up 2.9 percent from October 2008 and up 14.4 percent from September 2009. Honda’s market share is expected to be 10.7 percent in October 2009, up from 10.3 percent in October 2008 and up from 10.4 percent in September 2009.

Edmunds.com predicts Hyundai will sell 50,000 units in October 2009, up 38.3 percent from October 2008 but down 5.5 percent from September 2009. Hyundai’s market share is expected to be 6.1 percent in October 2009, up from 4.4 percent in October 2008 but down from 7.1 percent in September 2009.

Edmunds.com predicts Nissan will sell 64,000 units in October 2009, up 12.7 percent from October 2008 and up 15.8 percent from September 2009. Nissan's market share is expected to be 7.7 percent in October 2009, up from 6.8 percent in October 2008 and up from 7.4 percent in September 2009.

Ad Loading...

Edmunds.com predicts Toyota will sell 143,000 units in October 2009, down 6.2 percent from October 2008 but up 13.2 percent from September 2009. Toyota's market share is expected to be 17.2 percent in October 2009, down from 18.2 percent in October 2008 but up from 16.9 percent in September.

More F&I

Man holding magnifying glass over sales volume paper.
F&IMay 29, 2026

Why Your F&I PVR Is Misleading You

Here’s a handy checklist of the numbers to track in 2026 instead.

Read More →
Photo of woman typing on a laptop as she sits on a couch
F&Iby Hannah MitchellMay 29, 2026

Auto Consumer Anxiety Presents Opportunity

A survey of U.S. drivers found the majority are concerned about finances and the economy, but those fears make many ready to buy vehicle-protection products.

Read More →
Dustin Gingerich standing on stage giving a presentation
F&Iby Lauren LawrenceMay 28, 2026

Humble and Hungry: 12 Rules for an F&I Life

Dustin Gingerich, with a decade in the F&I business under his belt, shares his thoughts on leadership, building trust with customers, and the importance of learning and innovation.

Read More →
Ad Loading...
Photo of businessman's hands resting on files on a desk
F&Iby John TabarMay 27, 2026

Focus on the Opening

F&I managers must learn as much as possible about their customers, starting before they walk into their offices. The bulk of today’s consumers expect that, and good results will follow.

Read More →
Photo of a three-seat vehicle back seat
F&Iby Hannah MitchellMay 22, 2026

F&I Reaches for the Sky

The increasingly important profit center continued making gains in the first quarter, according to StoneEagle data, ancillary products proving more popular as consumers hold onto their buys longer.

Read More →
Cover image for a BOK Financial report titled “Timing the market: How avoiding volatility entirely can hurt long-term reinsurance program performance.” The image shows several road construction barricades with flashing amber warning lights lined up in a nighttime work zone. Beneath the image, red text explains that avoiding volatility can mean falling behind inflation and missing market rebounds that drive long-term surplus growth. The BOK Financial logo appears at the bottom right.
SponsoredMay 8, 2026

Timing the Market Can Hurt Long-Term Program Performance

For dealer-owned reinsurance entities, avoiding volatility entirely can mean falling behind inflation and missing market rebounds that drive long term surplus growth. Missing just a handful of strong market days can materially impact cumulative returns—an important reminder for long horizon trust and investment strategies.

Read More →
Ad Loading...
Ryan Ruff, The 90/10 Rule, Automotive Training Academy, Sales Series
F&IMay 6, 2026

The 90/10 Rule

In this video, Ryan Ruff explains the rule that elite sales professionals use to turn ordinary conversations into unforgettable customer experiences.

Read More →
Photo of essential oil diffuser on desk next to laptop
F&IMay 4, 2026

Your Office Is Talking

What’s the atmosphere saying about you to your customers? You can make minor adjustments and additions that transform your space into one that creates trust with the people on the other side of the desk.

Read More →
"Effective training ensures the customer’s needs remain at the heart of everything we do. When that is the focus, both sales and profits naturally improve." by Rick McCormick with F&I and Showroom logo and picture of Rick McCormick
F&IMay 1, 2026

F&I Training Fundamentals

How can auto dealerships help F&I managers fulfill their vital role in the most effective ways? Industry expert Rick McCormick shares his insights on the best ways to train these professionals and help them maintain good habits.

Read More →
Ad Loading...
Photo of car tire and the tread mark it left in snow
F&Iby Hannah MitchellApril 29, 2026

Not Just Any Tire Will Do

More consumers and businesses are opting for all-season options for various reasons as safety, sustainability and convenience push practical change.

Read More →