April New Car Sales: The Last Hurrah?

Bertel Schmitt
by Bertel Schmitt

Forecasts for April U.S. new vehicle sales differ widely amongst the industry soothsayers this month.

J.D. Power expects total light-vehicle sales for April to come in at 1,147,300 units, 13 percent higher than in April 2010.

Truecar thinks that new light vehicle sales in the U.S. (including fleet) will be 1,145,209 units in April, up 16.6 percent from April 2010.

Edmunds is the most bullish of the augurs, expecting April new car sales (including fleet sales) to be approximately 1,171,000 units, a 19.3 percent increase from April 2010.

Edmunds immediately rains on its parade: “As inventories rapidly deteriorate, April could be the last month that we’ll see strong sales numbers until late summer or early fall,” said Edmunds.com Senior Analyst Jessica Caldwell. “May and June are traditionally high-volume months, and with anticipated supply constraints — especially on the fuel-efficient vehicles that have been in higher demand with spiked gas prices — inventories will be exhausted further. The big unknown is how this market will adjust to supply restrictions, when demand has been the key problem for the past three years.”

Forecast by J.D.Power:

J.D. Power and Associates U.S. Sales and SAAR Comparisons

April 20111

March 2011

April 2010

New-vehicle retail sales

948,100 units
(16% higher than April 2010)2

978,471 units

790,469 units

Total vehicle sales

1,147,300 units
(13% higher than April 2010)

1,244,009 units

980,107 units

Retail SAAR

11.1 million units

10.7 million units

9.3 million units

Total SAAR

13.1 million units

13.1 million units

11.2 million units

Forecast by Truecar:

TrueCar Unit Sales ForecastManufacturerApril 2011 Forecast% Change vs. March 2011% Change vs. April 2010 Chrysler 114,298-5.7%19.4% Ford 187,523-11.7%15.2% GM 195,404-5.4%6.7% Honda 124,933-6.5%9.9% Hyundai/Kia 107,8001.6%45.6% Nissan 97,162-19.8%52.4% Toyota 160,087-9.2%1.2%Industry1,145,209-8.1%16.6%

Forecast by Edmunds:

Change from April 2010 (Adjusted for one more selling day)Change from April 2010 (Unadjusted for one more selling days)Change from March 2011 (Same number of selling days)Chrysler (Chrysler, Dodge, Fiat, Jeep)21.6%17.1%-4.4%Ford (Ford, Lincoln, Mercury)14.0%9.8%-10.2%GM (Buick, Cadillac, Chevrolet, GMC, Hummer, Pontiac, Saturn)19.6%15.2%6.3%Honda (Acura, Honda)14.1%9.8%-3.0%Nissan (Infiniti, Nissan)29.5%24.7%-31.8%Toyota (Lexus, Scion, Toyota)6.3%2.4%-5.0%Industry Total19.3%14.9%-6.0%
Bertel Schmitt
Bertel Schmitt

Bertel Schmitt comes back to journalism after taking a 35 year break in advertising and marketing. He ran and owned advertising agencies in Duesseldorf, Germany, and New York City. Volkswagen A.G. was Bertel's most important corporate account. Schmitt's advertising and marketing career touched many corners of the industry with a special focus on automotive products and services. Since 2004, he lives in Japan and China with his wife <a href="http://www.tomokoandbertel.com"> Tomoko </a>. Bertel Schmitt is a founding board member of the <a href="http://www.offshoresuperseries.com"> Offshore Super Series </a>, an American offshore powerboat racing organization. He is co-owner of the racing team Typhoon.

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  • Tparkit Tparkit on Apr 30, 2011
    "The big unknown is how this market will adjust to supply restrictions, when demand has been the key problem for the past three years.” Once auto industry production capacity is restored and temporary supply/demand imbalances clear, the "big unknown" is how fast the phony economic recovery will unravel. Nationwide cheerleading not withstanding, we are in a depression, and it will get worse as state and local spending contracts in the face of increasing costs and declining revenues. This will be on top of an already very negative trend: "The inflation-adjusted income of the median household — smack in the middle of the populace — fell 4.8% between 2000 and 2009..." http://online.wsj.com/article/SB10001424052748703440604575495670714069694.html
    • See 3 previous
    • Thornmark Thornmark on May 01, 2011

      @NulloModo Homes in Florida are selling for less than last year and values are expected to fall about 18% in 2011.

  • George B George B on Apr 30, 2011

    At some point car and light truck sales will increase as people need to replace the ones that have worn out. Prices for used cars are really high. I'd be ready to buy a new car if their was something out there that I wanted. Too bad nobody builds a Japanese car with Italian design and German suspension tuning.

    • See 1 previous
    • Rocketrodeo Rocketrodeo on May 02, 2011

      " Too bad nobody builds a Japanese car with Italian design and German suspension tuning." The last one of those was built in 2008. The Acura TL Type S: half Alfa and half Audi.

  • MaintenanceCosts It's not a Benz or a Jag / it's a 5-0 with a rag /And I don't wanna brag / but I could never be stag
  • 3-On-The-Tree Son has a 2016 Mustang GT 5.0 and I have a 2009 C6 Corvette LS3 6spd. And on paper they are pretty close.
  • 3-On-The-Tree Same as the Land Cruiser, emissions. I have a 1985 FJ60 Land Cruiser and it’s a beast off-roading.
  • CanadaCraig I would like for this anniversary special to be a bare-bones Plain-Jane model offered in Dynasty Green and Vintage Burgundy.
  • ToolGuy Ford is good at drifting all right... 😉
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