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Kelley Blue Book: May U.S. auto sales to show 7% gain

  • Kelley Blue Book forecasts a 6.7% gain in new vehicle sales to 1.54M units in May.
  • The compact SUV/crossover segment is expected to show the strongest pace of growth with a 11.9% increase, while KBB sees the mid-size segment lagging with a 2.5% rise.
  • Sales growth forecast by manufacturer: Nissan (NSANY) +13.6%; Chrysler (FIATY) +12.8%; General Motors (GM) +7.2%; Toyota (TM) +5.8%; Hyundai (HYMLF) +3.6%; Honda (HMC) +2.1%; Volkswagen (VLKAY) +1.1%, Ford (F) +0.4%.
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Comments (10)
  • Momintn
    , contributor
    Comments (5009) | Send Message
     
    You need to buy GM stock before it goes back up.
    28 May 2014, 07:53 AM Reply Like
  • funfun
    , contributor
    Comments (3481) | Send Message
     
    Query, to what extent is the projected rise of 7.2% for GM the result of save-face channel stuffing, cramming cars and trucks on to already jammed dealer lots and vacant parking lots at deserted strip malls and shut-down factories? …funfun..

     

    At PR-obsessed GM, it is IMAGE über alles. …funfun..
    28 May 2014, 08:00 AM Reply Like
  • cbmetcalfe
    , contributor
    Comments (86) | Send Message
     
    You can't argue with numbers...no matter how much you short GM...
    28 May 2014, 10:50 AM Reply Like
  • J38765
    , contributor
    Comments (622) | Send Message
     
    If Ford continues to lose share in the US the Ford faithful will wish for the days when the stock was stuck in a trading range. Despite skyrocketing incentives, sales continue to falter. The combination of stagnant sales and lower average transaction prices do not bode well for future earnings. If costs continue to spiral out of control as they did last quarter things could get ugly indeed!
    28 May 2014, 08:17 AM Reply Like
  • cbroncos
    , contributor
    Comments (1347) | Send Message
     
    KBB has the worst record on sales estimates just look at the data from the past few months and you can see where they were way wrong.
    28 May 2014, 09:16 AM Reply Like
  • Mama J
    , contributor
    Comments (6) | Send Message
     
    I have a new Ford focus and I love it! I wouldn't buy a GM car if you parked it in my driveway and gave me the keys.
    29 May 2014, 12:16 AM Reply Like
  • lemm
    , contributor
    Comments (799) | Send Message
     
    You wouldn't have to buy it ,if they parked it in your driveway and gave you the keys.
    29 May 2014, 05:48 AM Reply Like
  • 1980XLS
    , contributor
    Comments (3333) | Send Message
     
    Ford sales were negative in both Feb & April. (worst in industry)

     

    Now they are forecast to be worst in industry once again.

     

    One more negative print would be 3 out of 4

     

    I would call that a trend.
    29 May 2014, 02:19 PM Reply Like
  • 1980XLS
    , contributor
    Comments (3333) | Send Message
     
    Ford.

     

    1.39M recalls today alone.
    29 May 2014, 02:32 PM Reply Like
  • 1980XLS
    , contributor
    Comments (3333) | Send Message
     
    Don't forget to add all the Mazda Tributes sure to come, as they are Ford Escapes, made by Ford, in Ford factories.

     

    I doubt it includes those numbers.
    29 May 2014, 04:34 PM Reply Like
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