May Sales Seen Up 6-8 Percent

Bertel Schmitt
by Bertel Schmitt

Expect May auto sales to come in 6 percent to 8 percent higher than in May 2012, and the SAAR to rise above 15 million. This according to Reuters, and “after a disappointing result in the prior month” – for some.

Reuters analyzed the predictions of a few analysts, so we don’t have to:

“Sales of new cars and trucks in May are expected to top 1.43 million vehicles, while the annual sales pace is forecast to hit 15.2 million vehicles, according to a report by J.D. Power and Associates and LMC Automotive, as well as one by

Kelley Blue Book’s forecast is slightly more conservative, as it sees sales rising 6 percent to almost 1.42 million and an annual sales rate of 15 million.”

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=""> Tomoko </a>. Bertel Schmitt is a founding board member of the <a href=""> Offshore Super Series </a>, an American offshore powerboat racing organization. He is co-owner of the racing team Typhoon.

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  • AJ AJ on May 24, 2013

    Rates are unbeatable right now, but still, I just don't want the new debt and/or to use any savings. The wife and I have decided to keep our aging daily drivers for another five years (mine is five, hers is nine).

    • See 1 previous
    • Golden2husky Golden2husky on May 25, 2013

      Mikey, when I buy my Vette convertible this fall, I'll think of you!

  • John Rosevear John Rosevear on May 24, 2013

    Pickup trucks. Lots of pickup trucks. It's a nice time to be Ford.

    • Billfrombuckhead Billfrombuckhead on May 24, 2013

      And a better time to be Chrysler's surging Ram division. I bet the 2014 Grand Cherokee also goes off the charts.

  • Thornmark Thornmark on May 24, 2013

    It'll be interesting to see how much Nissan's KMart blue special sales promotions pump up sales. In the LT being the discount king doen't really work, but they gotta move the product and Ford is determined to remain the fleet king.

  • F2m F2m on May 25, 2013

    to see a unique analysis over the US car market: