Record-Breaking New Car Sales in December to Cap off Best Year Ever for Auto Industry, Forecasts Edmunds.com

Dec 17, 2015, 15:28 ET from Edmunds.com

SANTA MONICA, Calif., Dec. 17, 2015 /PRNewswire/ -- Edmunds.com, the premier destination for car shopping, forecasts that 1,688,167 new cars and trucks will be sold in the U.S. in December for an estimated Seasonally Adjusted Annual Rate (SAAR) of 17.8 million. This will make December 2015 the fourth best-selling month on record, surpassing the previous December record of 1,537,655 sales registered in 2004. This month's performance will propel the industry to 17.5 million sales in 2015, besting the previous record high of 17.35 million new car and truck sales in 2000.

"It's truly remarkable that the auto industry is finishing off its best year ever just six years after the depths of the Great Recession," says Edmunds.com Director of Industry Analysis Jessica Caldwell. "Low-APR offers and tumbling gas prices are making it easy for shoppers to buy or lease a new car, but don't overlook the products themselves. If you're buying a new car today, you're getting a safer, more fuel-efficient and more technologically-packed vehicle than ever before. Automakers are doing a great job giving the people what they want in a new car."

SALES VOLUME FORECAST, BY MANUFACTURER

Sales Volume

December 2015 Forecast

December 2014

November 2015

Change from December 2014

Change from November 2015







GM

287,203

274,483

229,296

4.6%

25.3%

Toyota

243,735

215,057

189,517

13.3%

28.6%

Ford

243,590

219,369

186,889

11.0%

30.3%

Fiat Chrysler

229,517

193,261

175,974

18.8%

30.4%

Honda

149,296

137,280

115,441

8.8%

29.3%

Nissan

135,972

117,318

107,083

15.9%

27.0%

Hyundai/Kia

127,942

110,094

105,560

16.2%

21.2%

VW/Audi

56,821

53,116

40,582

7.0%

40.0%

Industry

1,688,167

1,503,321

1,319,734

12.3%

27.9%

*NOTE: December 2015 had 28 selling days, December 2014 had 26 and November 2015 had 23.

Edmunds forecasts that December sales will be a 27.9 percent increase from November 2015, and a 12.3 percent increase from December 2014. Edmunds further estimates that retail SAAR will come in at 15.1 million vehicles in December, with fleet transactions accounting for 15.2 percent of total sales. An estimated 2.59 million used cars will be sold in December, for a SAAR of 37.3 million (compared to 2.75 million – or a SAAR of 38.1 million – used car sales in November).

MARKET SHARE FORECAST, BY MANUFACTURER

Market Share

December 2015 Forecast

December 2014

November 2015

Change from December 2014

Change from November 2015







GM

17.0%

18.3%

17.4%

-1.2%

-0.4%

Toyota

14.4%

14.3%

14.4%

0.1%

0.1%

Ford

14.4%

14.6%

14.2%

-0.2%

0.3%

Fiat Chrysler

13.6%

12.9%

13.3%

0.7%

0.3%

Honda

8.8%

9.1%

8.7%

-0.3%

0.1%

Nissan

8.1%

7.8%

8.1%

0.3%

-0.1%

Hyundai/Kia

7.6%

7.3%

8.0%

0.3%

-0.4%

VW/Audi

3.4%

3.5%

3.1%

-0.2%

0.3%

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.
Car shopping destination Edmunds.com serves nearly 20 million visitors each month. With Edmunds.com Price Promise®, shoppers can buy smarter with instant, upfront prices for cars and trucks currently for sale at 10,000 dealer franchises across the U.S. Shoppers can browse not only dealer inventory, but also vehicle reviews, shopping tips, photos, videos and feature stories on both Edmunds' wired site and on its acclaimed mobile apps.  Regarded as one of the best places to work in Southern California, Edmunds.com was also named one of "The World's Top 10 Most Innovative Companies of 2015 in Automotive" by Fast Company. Edmunds welcomes all car-shopping questions on its free Live Help Line at 1-855-782-4711 and help@edmunds.com, via text at ED411 and on Twitter and Facebook. The company is based in Santa Monica, Calif. and has a satellite office in downtown Detroit, Mich., but you can find Edmunds from anywhere on YouTubePinterestLinkedIn, Instagram, Google+ and Flipboard.

Contact:
Aaron Lewis
Edmunds.com Corporate Communications
www.Edmunds.com
Media Hotline: 310-309-4900
pr@edmunds.com

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SOURCE Edmunds.com



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