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Expect May auto sales to come in 6 percent to 8 percent higher than in May 2012, and the SAAR to rise above 15 million. This according to Reuters, and “after a disappointing result in the prior month” – for some.
Reuters analyzed the predictions of a few analysts, so we don’t have to:
“Sales of new cars and trucks in May are expected to top 1.43 million vehicles, while the annual sales pace is forecast to hit 15.2 million vehicles, according to a report by J.D. Power and Associates and LMC Automotive, as well as one by TrueCar.com.
Kelley Blue Book’s forecast is slightly more conservative, as it sees sales rising 6 percent to almost 1.42 million and an annual sales rate of 15 million.”
8 Comments on “May Sales Seen Up 6-8 Percent...”
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Rates are unbeatable right now, but still, I just don’t want the new debt and/or to use any savings. The wife and I have decided to keep our aging daily drivers for another five years (mine is five, hers is nine).
As a former new car buyer,and now an aging baby boomer, debt,and or using up savings, isn’t going to happen for us either.
Now,speaking as a guy that depends on a GM pension. Kudos! to all them folks buying new cars and trucks.
Mikey, when I buy my Vette convertible this fall, I’ll think of you!
Pickup trucks. Lots of pickup trucks. It’s a nice time to be Ford.
And a better time to be Chrysler’s surging Ram division. I bet the 2014 Grand Cherokee also goes off the charts.
It’ll be interesting to see how much Nissan’s KMart blue special sales promotions pump up sales.
In the LT being the discount king doen’t really work, but they gotta move the product and Ford is determined to remain the fleet king.
to see a unique analysis over the US car market:
http://focus2move.com/itemlist/category/37-united-states-of-america
Interesting site. Must be where blowfish works.