November Auto Sales Set the Tone for Final Stretch of 2013, Forecasts Edmunds.com

SANTA MONICA, Calif., Nov. 21, 2013 /PRNewswire/ -- Edmunds.com, the premier resource for car shopping and automotive information, forecasts that 1,196,663 new cars and trucks will be sold in the U.S. in November for an estimated Seasonally Adjusted Annual Rate (SAAR) of 15.7 million. The projected sales will be a 0.7 percent decrease from October 2013, but a 4.7 percent increase from November 2012.

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"Any economic uncertainty that car shoppers might have felt in October seems to be a distant memory by now," says Edmunds.com Senior Analyst Jessica Caldwell. "Car buyers are already taking advantage of advertised holiday deals, and as we plow deeper into the holiday season the table is set for 2013 to finish on a very strong note."

SALES VOLUME FORECAST, BY MANUFACTURER


Sales Volume

Nov-13 Forecast

Nov-12

Oct-13

Change from Nov 2012*

Change from Oct 2013*

GM

200,783

186,505

226,402

7.7%

-11.3%

Ford

182,451

177,092

191,267

3.0%

-4.6%

Toyota

173,794

161,695

168,976

7.5%

2.9%

Chrysler Group

134,817

122,565

140,083

10.0%

-3.8%

Honda

114,687

116,580

114,538

-1.6%

0.1%

Nissan

99,589

96,197

91,018

3.5%

9.4%

Hyundai/Kia

93,493

94,542

93,309

-1.1%

0.2%

VW/Audi

45,571

48,795

41,130

-6.6%

10.8%

Industry

1,196,663

1,143,205

1,204,906

4.7%

-0.7%

*NOTE: November 2013 had 26 selling days, November 2012 had 25 and October 2013 had 27.

Edmunds.com estimates that retail SAAR will come in at 13.3 million vehicles in November, with fleet transactions accounting for 15.0 percent of total sales. An estimated 2.66 million used cars will be sold in November, for a SAAR of 36.5 million (compared to 3.04 million – or a SAAR of 35.4 million – used car sales in October).

AUTOMAKER PERFORMANCE
Edmunds.com projects that Chrysler will enjoy the best year-over-year performance of any major automaker. Its sales are projected to climb 10 percent over November 2012, even though they're expected to fall almost four percent from last month. Conversely, VW/Audi is projected to fall more than any other major automaker this month (-6.6 percent from November 2012), even though it is expected to climb higher than any other automaker month to month (+10.8 percent over October).

MARKET SHARE FORECAST, BY MANUFACTURER


Market Share

Nov-13 Forecast

Nov-12

Oct-13

Change from November 2012

(Percentage pts.)

Change from October 2013

(Percentage pts.)

GM

16.8%

16.3%

18.8%

0.5%

-2.0%

Ford

15.2%

15.5%

15.9%

-0.2%

-0.6%

Toyota

14.5%

14.1%

14.0%

0.4%

0.5%

Chrysler Group

11.3%

10.7%

11.6%

0.5%

-0.4%

Honda

9.6%

10.2%

9.5%

-0.6%

0.1%

Nissan

8.3%

8.4%

7.6%

-0.1%

0.8%

Hyundai/Kia

7.8%

8.3%

7.7%

-0.5%

0.1%

VW/Audi

3.8%

4.3%

3.4%

-0.5%

0.4%

More insight into recent auto industry trends can be found in Edmunds.com's Industry Center at http://www.edmunds.com/industry-center/.

About Edmunds.com, Inc.
Edmunds.com is a car-shopping Web site committed to helping people find the car that meets their every need. Almost 18 million visitors use our research, shopping and buying tools every month to make an easy and informed decision on their next new or used car. Whether you're at the dealership or on the go, we're always by your side with our acclaimed Edmunds.com  iPhone and iPad apps and our Edmunds.com Android App. Our comprehensive car reviews, shopping tips, photos, videos and feature stories offer a friendly and authentic approach to the automotive world. We're based in Santa Monica, Calif., but you can connect with us from anywhere by following @Edmunds on Twitter or by becoming a fan of Edmunds.com on Facebook.

Contact:
Jeannine Fallon/Aaron Lewis/Stephanie Mar
Edmunds.com Corporate Communications
www.Edmunds.com
Media Hotline: 310-309-4900
pr@edmunds.com

SOURCE Edmunds.com



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