Based on stronger than expected early indications, J.D. Power agrees with Edmunds and also predicts a strong January. Based on 11 days of sales, J.D. Power thinks 2011 will be a much better year. Power up-revised its forecast for total light-vehicle sales in 2011 to 13.0 million units (from 12.8 million units).
J.D. Power sees January total light-vehicle sales to come in at 794,500 units, 14 percent higher than January 2010. Fleet sales are projected to account for 20 percent of total sales (160,000 units.)
J.D. Power and Associates U.S. Sales and SAAR Comparisons
|January 20111||December 2010||January 2010|
|New-vehicle retail sales||632,100 units
(23% higher than January 2010)
|947,821 units||514,633 units|
|Total vehicle sales||794,500 units
(14% higher than January 2010)
|1,142,032 units||697,368 units|
|Retail SAAR||10.0 million units||10.9 million units||8.1 million units|
|Total SAAR||12.2 million units||12.5 million units||10.7 million units|
1Figures cited for January 2011 are forecasted based on the first 11 selling days of the month.