Edmunds.com Forecasts October Auto Sales
This month's new vehicle sales are expected to be 1.23 million units, a 7.5 percent increase from October of last year, according to Edmunds.com.
Santa Monica, Calif.—This month’s new vehicle sales are expected to be 1.23 million units, a 7.5 percent increase from October of last year, according to Edmunds.com.
This October had 25 selling days, one less than October 2005. It was noted that sales increased 11.8 percent from October 2005.
The combined monthly U.S. market share for Chrysler, Ford and GM is estimated to be 53.5 percent in October, down slightly from 53.7 percent in October 2005 and down from 54.6 percent from September 2006.
Edmunds.com predicts Chrysler will sell 154,000 units in October, down nearly 13 percent compared to Sept. 2006. Edmunds.com also predicts Ford to sell 203,000 units in October, down nearly 13 percent from Sept., GM to sell 300,000 units in Oct., down more than 10 percent compared to Sept. 2006. It is predicted Honda will sell 114,000 units in Oct., down more than two percent from Sept. 2006, Nissan will sell 78,000 units in Oct. down nearly eight percent from Sept. and that Toyota will sell 205,000 units in Oct., down nearly eight percent from Sept. 2006.
More F&I

How AI-Powered Coaching Is Transforming F&I Performance
See how AI-powered coaching can turn F&I customer conversations into actionable insights that support compliance, performance and profitability
Read More →
Sell Value, Build Trust
In this video, Trent White explains why selling on value, not fear, builds lasting customer trust, reduces cancellations, and drives long-term success.
Read More →
F&I Sales Give Dealers First-Half Lift
Product business shored up total profits to avoid an overall revenue tanking as product penetrations held steady, StoneEagle reported.
Read More →
Targeted Training Drives Results
Today’s technology, instead of threatening F&I managers, can actually make them better, according to an industry veteran who’s watched market setbacks roil the unprepared.
Read More →
Double the Change, Double the Chance
When an F&I manager gets a customer refusal, it’s a wise move to tweak more than one thing in the product offering.
Read More →
Just Do It
F&I managers need training, but instead of resisting application or expecting perfection, they should improve by simply acting on what they learn.
Read More →
Dealer Lender Preferences Revealed
When lenders provide consistent, fast service, their overall satisfaction scores with dealers greatly improve, according to JD Power research.
Read More →
Leading with Purpose
In this video, Trent White explains how understanding your people’s 'why' is a key leadership responsibility of F&I professionals and how that mindset drives dealership engagement, trust and performance.
Read More →
Integrating Nontraditional F&I Products
The niche presents a strategic advantage for auto dealerships as they move to adapt to fast-changing consumer expectations in today’s market.
Read More →
Trust Is Personal
Technology, no matter how efficient, can’t replace what the human F&I manager can do, which is to bridge the divide between cyberspace and the in-store experience.
Read More →