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Kelley Blue Book: U.S. auto sales to rise 10% in April

  • Kelley Blue Book forecasts new car sales in the U.S. will jump 10% in April to 1.415M units sold.
  • Beyond typical macroeconomic, credit, and interest rates factors - a strong outlook for used-car values is contributing to the pickup in demand.
  • The compact SUV/Crossover segment is expected to see the strongest growth. The research firm sees a 22.3% gain as the segment picks up market share over car and truck categories.
  • KBB manufacturer sales growth (Y/Y) estimates: Nissan (NSANY) +19.5%; Chrysler (FIATY) +18.1%, Toyota (TM) +15.2%; Honda (HMC) +6.1%; General Motors (GM) +5.2%; Volkswagen (VLKAY) +4.2%; Hyundai (HYMLF) +3.7%, Ford (F) -0.9%.
Comments (3)
  • cbroncos
    , contributor
    Comments (1120) | Send Message
     
    KBB has been very unreliable with their estimates. So much so that they should stop trying.
    28 Apr 2014, 08:35 AM Reply Like
  • ReynoldsCC
    , contributor
    Comments (49) | Send Message
     
    What a lousy summary. Are these estimates for growth over last year, or over last month? Are these for sales $$ or unit sales?
    And why should Ford have negative growth?
    Pathetic!
    28 Apr 2014, 10:28 AM Reply Like
  • Calabres
    , contributor
    Comments (29) | Send Message
     
    I do not think Ford is red
    28 Apr 2014, 11:50 AM Reply Like
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