Welcome!

News Feed Item

New-Car Sales Expected To Climb 10 Percent, Reach 16.3 Million SAAR In April

Nissan to Report Greatest Automaker Gains; Full-Size Pickup Trucks Show Healthy Growth

IRVINE, Calif., April 28, 2014 /PRNewswire/ -- New-vehicle sales are expected to rise 10 percent year-over-year to a total of 1.415 million units, and an estimated 16.3 million seasonally adjusted annual rate (SAAR), according to Kelley Blue Book www.kbb.com, the only vehicle valuation and information source trusted and relied upon by both consumers and the automotive industry.  This increase would bring the year-to-date total to 5.15 million units sold, which is a 3.6 percent increase from this time last year. 

Kelley Blue Book Logo

"Following a big rebound in March, Kelley Blue Book expects April to continue with another solid month of sales, which will be supported by rising consumer confidence and improving employment conditions," said Alec Gutierrez, senior analyst for Kelley Blue Book.  "Sales also are supported by improved credit availability, low interest rates and attractive lease offers.  Leasing has accounted for approximately 25 percent of all retail sales so far this year, a trend which is supported by a continued strong outlook for used-car values along with low interest rates." 

Key Highlights for Estimated April 2014 Sales Forecast:

  • In March, new light-vehicle sales, including fleet, are expected to hit 1,415,000 units, up 10.1 percent from April 2013 and down 7.8 percent from March 2014.
  • The seasonally adjusted annual rate (SAAR) for April 2014 is estimated to be 16.3 million, up from 15.2 million in April 2013 and flat with March 2014.
  • Retail sales are expected to account for 82 percent of volume in April 2014.

Nissan to Report Greatest Automaker Gains; Chrysler Dominates in Volume

For April, Nissan is expected to show the greatest gains of all major manufacturers at 19.5 percent year-over-year.  Driven primarily by strong sales of the redesigned Rogue and Sentra, Nissan has captured nearly one percentage point of market share from last year.  In terms of volume, Kelley Blue Book anticipates Chrysler will pick up the most units year-over-year with 18.1 percent growth.  The popularity of the Jeep and RAM brands this year (up 44.5 percent and 27.3 percent respectively) has more than made up for the sale declines from both Dodge and Chrysler brands. 


Sales Volume 1

Market Share 2

Manufacturer

Apr-14

Apr-13

YOY %

Apr-14

Apr-13

YOY %

General Motors (Buick, Cadillac, Chevrolet, GMC)

250,000

237,646

5.2%

17.7%

18.5%

-0.8%

Ford Motor Company (Ford, Lincoln)

210,000

211,984

-0.9%

14.8%

16.5%

-1.7%

Toyota Motor Company (Lexus, Scion, Toyota)

203,000

176,160

15.2%

14.3%

13.7%

0.6%

Chrysler Group (Chrysler, Dodge, Fiat, Jeep, RAM)

185,000

156,698

18.1%

13.1%

12.2%

0.9%

American Honda (Acura, Honda)

139,000

130,999

6.1%

9.8%

10.2%

-0.4%

Nissan North America (Infiniti, Nissan)

105,000

87,847

19.5%

7.4%

6.8%

0.6%

Hyundai-Kia

115,000

110,871

3.7%

8.1%

8.6%

-0.5%

Volkswagen Group (Audi, Volkswagen, Porsche)

53,000

50,879

4.2%

3.7%

4.0%

-0.2%

Total 3

1,415,000

1,285,446

10.1%

-

-

-

1 Historical data from OEM sales announcements







2 Kelley Blue Book Automotive Insights







3 Includes brands not shown







Compact Utility Vehicles to Reveal Double-Digit Growth; RAM Leading Full-Size Pickup Truck Segment Growth

Compact utility vehicles will continue with double-digit growth this month, even though the segment leader, Ford Escape, has seen sales decline this year.  Many models in this segment have earned growth in excess of 40 percent so far this year, including the Nissan Rogue, Subaru Forester and Mazda CX-5. 

"Full-size pickup trucks also should reveal healthy growth in April," said Gutierrez.  "RAM pickup sales are leading the segment's growth, but look for GM's trucks to turn around recent sales declines after bumping up their incentives this month.  Meanwhile, the F-Series will continue to dominate the segment as Ford prepares to launch the new generation later this year."


Sales Volume 1

Market Share

Segment

Apr-14

Apr-13

YOY %

Apr-14

Apr-13

YOY %

Mid-Size Car

216,000

205,104

5.3%

15.3%

16.0%

-0.7%

Compact Car

204,000

197,154

3.5%

14.4%

15.3%

-0.9%

Compact SUV/Crossover

179,000

146,354

22.3%

12.7%

11.4%

1.3%

Full-Size Pickup Truck

172,000

155,482

10.6%

12.2%

12.1%

0.1%

Entry-level Luxury Car

63,000

61,981

1.6%

4.5%

4.8%

-0.4%

Total 2

1,415,000

1,285,446

10.1%

-

-

-

1 Kelley Blue Book Automotive Insights







2 Includes segments not shown







There are 26 sales days in April 2014, compared to 25 sales days in April 2013.  All percentages are based on raw volume, not daily selling rate.

For more information and news from Kelley Blue Book's KBB.com, visit www.kbb.com/media/, follow us on Twitter at www.twitter.com/kelleybluebook (or @kelleybluebook), like our page on Facebook at www.facebook.com/kbb, and get updates on Google+ at https://plus.google.com/+kbb.

About Kelley Blue Book (www.kbb.com)
Founded in 1926, Kelley Blue Book, The Trusted Resource®, is the only vehicle valuation and information source trusted and relied upon by both consumers and the automotive industry.  Each week the company provides the most market-reflective values in the industry on its top-rated website KBB.com, including its famous Blue Book® Trade-In and Suggested Retail Values, and Fair Purchase Price, which reports what others are paying for new cars this week.  The company also provides vehicle pricing and values through various products and services available to car dealers, auto manufacturers, finance and insurance companies, and governmental agencies.  Kelley Blue Book's KBB.com ranked highest in its category for brand equity by the 2014 Harris Poll EquiTrend® study and has been named Online Auto Shopping Brand of the Year for three consecutive years.  Kelley Blue Book Co., Inc. is a subsidiary of AutoTrader Group, which includes AutoTrader.com, vAuto, VinSolutions and HomeNet Automotive.  AutoTrader Group is a subsidiary of Cox Enterprises.

Logo - http://photos.prnewswire.com/prnh/20121108/LA08161LOGO

SOURCE Kelley Blue Book

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
"MobiDev is a software development company and we do complex, custom software development for everybody from entrepreneurs to large enterprises," explained Alan Winters, U.S. Head of Business Development at MobiDev, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Large industrial manufacturing organizations are adopting the agile principles of cloud software companies. The industrial manufacturing development process has not scaled over time. Now that design CAD teams are geographically distributed, centralizing their work is key. With large multi-gigabyte projects, outdated tools have stifled industrial team agility, time-to-market milestones, and impacted P&L stakeholders.
"ZeroStack is a startup in Silicon Valley. We're solving a very interesting problem around bringing public cloud convenience with private cloud control for enterprises and mid-size companies," explained Kamesh Pemmaraju, VP of Product Management at ZeroStack, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Enterprises are adopting Kubernetes to accelerate the development and the delivery of cloud-native applications. However, sharing a Kubernetes cluster between members of the same team can be challenging. And, sharing clusters across multiple teams is even harder. Kubernetes offers several constructs to help implement segmentation and isolation. However, these primitives can be complex to understand and apply. As a result, it’s becoming common for enterprises to end up with several clusters. Thi...
"Space Monkey by Vivent Smart Home is a product that is a distributed cloud-based edge storage network. Vivent Smart Home, our parent company, is a smart home provider that places a lot of hard drives across homes in North America," explained JT Olds, Director of Engineering, and Brandon Crowfeather, Product Manager, at Vivint Smart Home, in this SYS-CON.tv interview at @ThingsExpo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"Akvelon is a software development company and we also provide consultancy services to folks who are looking to scale or accelerate their engineering roadmaps," explained Jeremiah Mothersell, Marketing Manager at Akvelon, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
In his session at 21st Cloud Expo, Carl J. Levine, Senior Technical Evangelist for NS1, will objectively discuss how DNS is used to solve Digital Transformation challenges in large SaaS applications, CDNs, AdTech platforms, and other demanding use cases. Carl J. Levine is the Senior Technical Evangelist for NS1. A veteran of the Internet Infrastructure space, he has over a decade of experience with startups, networking protocols and Internet infrastructure, combined with the unique ability to it...
"Codigm is based on the cloud and we are here to explore marketing opportunities in America. Our mission is to make an ecosystem of the SW environment that anyone can understand, learn, teach, and develop the SW on the cloud," explained Sung Tae Ryu, CEO of Codigm, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"Infoblox does DNS, DHCP and IP address management for not only enterprise networks but cloud networks as well. Customers are looking for a single platform that can extend not only in their private enterprise environment but private cloud, public cloud, tracking all the IP space and everything that is going on in that environment," explained Steve Salo, Principal Systems Engineer at Infoblox, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Conventio...
The question before companies today is not whether to become intelligent, it’s a question of how and how fast. The key is to adopt and deploy an intelligent application strategy while simultaneously preparing to scale that intelligence. In her session at 21st Cloud Expo, Sangeeta Chakraborty, Chief Customer Officer at Ayasdi, provided a tactical framework to become a truly intelligent enterprise, including how to identify the right applications for AI, how to build a Center of Excellence to oper...
"IBM is really all in on blockchain. We take a look at sort of the history of blockchain ledger technologies. It started out with bitcoin, Ethereum, and IBM evaluated these particular blockchain technologies and found they were anonymous and permissionless and that many companies were looking for permissioned blockchain," stated René Bostic, Technical VP of the IBM Cloud Unit in North America, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Conventi...
Gemini is Yahoo’s native and search advertising platform. To ensure the quality of a complex distributed system that spans multiple products and components and across various desktop websites and mobile app and web experiences – both Yahoo owned and operated and third-party syndication (supply), with complex interaction with more than a billion users and numerous advertisers globally (demand) – it becomes imperative to automate a set of end-to-end tests 24x7 to detect bugs and regression. In th...
High-velocity engineering teams are applying not only continuous delivery processes, but also lessons in experimentation from established leaders like Amazon, Netflix, and Facebook. These companies have made experimentation a foundation for their release processes, allowing them to try out major feature releases and redesigns within smaller groups before making them broadly available. In his session at 21st Cloud Expo, Brian Lucas, Senior Staff Engineer at Optimizely, discussed how by using ne...
"Cloud Academy is an enterprise training platform for the cloud, specifically public clouds. We offer guided learning experiences on AWS, Azure, Google Cloud and all the surrounding methodologies and technologies that you need to know and your teams need to know in order to leverage the full benefits of the cloud," explained Alex Brower, VP of Marketing at Cloud Academy, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clar...
Widespread fragmentation is stalling the growth of the IIoT and making it difficult for partners to work together. The number of software platforms, apps, hardware and connectivity standards is creating paralysis among businesses that are afraid of being locked into a solution. EdgeX Foundry is unifying the community around a common IoT edge framework and an ecosystem of interoperable components.