The Economy and the Weather Contribute to Strong December Auto Sales, says Edmunds.com

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SANTA MONICA, Calif., Dec. 23, 2014 /PRNewswire/ — Edmunds.com, the premier destination for car shopping, forecasts that 1,511,309 new cars and trucks will be sold in the U.S. in December for an estimated Seasonally Adjusted Annual Rate (SAAR) of 16.8 million. The projected sales will be a 16.4 percent increase from November 2014, and an 11.4 percent increase from December 2013.

Based on Edmunds.com’s December forecast, overall U.S. light vehicle sales will be 16.5 million for the 2014 calendar year, a 6.0 percent increase over 2013.

“Many factors have helped car sales recently,” says Edmunds.com Senior Analyst Jessica Caldwell. “Low gas prices, a record stock market and the improving economy are making people feel more financially comfortable, and even the weather has cooperated, for the most part.”

 

SALES VOLUME FORECAST, BY MANUFACTURER

Sales Volume

December 2014
Forecast

December
2013

November
2014

Change from
December 2013

Change from
November 2014

GM

262,191

230,157

225,816

13.9%

16.1%

Ford

224,914

216,592

186,336

3.8%

20.7%

Toyota

219,587

190,843

183,346

15.1%

19.8%

Chrysler Group

200,621

161,008

170,839

24.6%

17.4%

Honda

140,023

135,255

121,814

3.5%

14.9%

Nissan

114,878

109,758

103,188

4.7%

11.3%

Hyundai/Kia

105,995

96,636

98,608

9.7%

7.5%

VW/Audi

53,312

51,028

48,246

4.5%

10.5%

Industry

1,511,309

1,356,985

1,298,436

11.4%

16.4%

*NOTE: December 2014 had 26 selling days, December 2013 had 25 and November 2014 had 25.

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 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 help@edmunds.com, 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 YouTube, Pinterest, LinkedIn, Instagram, and Google+ and Flipboard.

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

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