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Early look at March U.S. auto sales winners and losers

  • Auto sales in the U.S. should snap back in March, according to a new forecast from Kelley Blue Book.
  • The research firm expects sales to rise to 1.475M units, up almost 24% from February.
  • A modest increase in incentives from automakers will roughly offset gains in average transaction prices, according to KBB.
  • March growth forecast by manufacturer: Chrysler (FIATY) +7.2%, Toyota (TM) +2.3%, Nissan (NSANY) +1.7%, Ford (F) +1.0%, General Motors (GM) +0.4%, Honda (HMC) +0.0%, Hyundai (HYMLF) -2.1%, Volkswagen (VLKAY) -7.8%.
Comments (3)
  • Budavar
    , contributor
    Comments (1387) | Send Message
     
    Translation = GM keeps losing market share?
    26 Mar, 05:55 PM Reply Like
  • Tdot
    , contributor
    Comments (3449) | Send Message
     
    Just a few hours ago, another article said March sales would be down from last year's.

     

    http://bit.ly/Qhfz65

     

    Crazyyy. I suppose on average, sales will be flat.

     

    Anyway with KBB calling for 2% overall, the winners are Chrysler and Toyota, and the losers are Nissan, Ford, GM, Honda, Hyundai, and VW. At least in terms of market share.
    26 Mar, 06:27 PM Reply Like
  • Momintn
    , contributor
    Comments (3822) | Send Message
     
    Actually marketshare doesn't matter as much as how much profit you made on what volume.
    26 Mar, 06:52 PM Reply Like
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