SANTA MONICA, Calif., Jan. 29, 2015 /PRNewswire/ -- Edmunds.com, the premier destination for car shopping, forecasts that 1,155,866 new cars and trucks will be sold in the U.S. in January for an estimated Seasonally Adjusted Annual Rate (SAAR) of 16.7 million. The projected sales will be a 23.1 percent decrease from December 2014, but a 14.4 percent increase from January 2014.
*NOTE: January 2015 had 26 selling days, while January 2014 had 25 and December 2014 had 26. This analysis is unadjusted for that difference.
Edmunds.com estimates that retail SAAR will come in at 13.8 million vehicles in January, with fleet transactions accounting for 17.4 percent of total sales. An estimated 2.9 million used cars will be sold in January, for a SAAR of 35.8 million (compared to 2.4 million – or a SAAR of 35.6 million – used car sales in December).
About Edmunds.com, Inc. Car-shopping website Edmunds.com serves nearly 18 million visitors each month. With Edmunds.com Price Promise®, shoppers can get an instant, upfront price for cars and trucks currently for sale at 10,000 dealer franchises across the U.S. Car shoppers can browse not only inventory listings at Edmunds.com and on its acclaimed apps, but also comprehensive car reviews, shopping tips, photos, videos and feature stories. Named by Maritz Research as one of the most trusted online consumer review sites – and the only automotive site listed in the top ten – Edmunds.com welcomes all car-shopping questions on its free Live Help Line at 1-855-782-4711 and [email protected], via text at ED411 and on Twitter and Facebook. Based in Santa Monica with a satellite office in downtown Detroit, Edmunds.com can also be found on Pinterest, LinkedIn, Instagram, and Google+ and Flipboard.