Used Car NewsUsed Car News

  • ABG 70.13 +1.58 - +2.43%
  • AN 52.95 +0.45 - +0.86%
  • CACC 135.39 +0.25 - +0.18%
  • CAR 53.61 +1.19 - +2.27%
  • CARZ 36.05 -0.43 - -1.18%
  • CPRT 39.50 -0.05 - -0.15%
  • CPSS 7.99 +0.15 - +2.14%
  • CRMT 43.86 +0.07 - +0.16%
  • DAI N/A - N/A
  • F 14.49 -0.62 - -4.31%
  • FIATY 0.00 0.00 - 0.00%
  • GM 30.20 -0.89 - -2.88%
  • HMC 31.12 -0.55 - -1.74%
  • HTZ 21.35 -0.03 - -0.14%
  • KAR 30.44 +0.11 - +0.38%
  • KMX 54.60 +0.85 - +1.61%
  • LAD 73.86 +1.78 - +2.47%
  • MZDAF 0.00 0.00 - 0.00%
  • NSANY 0.00 -0.075 - -0.42%
  • PAG 46.28 +0.44 - +1.03%
  • SAH 27.79 +0.09 - +0.38%
  • TM 115.53 +1.10 - +0.97%
  • TRAK 47.25 +0.96 - +2.27%
  • TSLA 0.00 -0.05 - -0.02%
  • TTM 50.69 +0.15 - +0.33%
  • VLKAY 0.00 -0.19 - -0.46%
  • VROM N/A - N/A

Featured News

Firm Offers Free Reports
Data solutions provider Vast announced that the company’s new CarStory Market Reports, developed fro...

Read more

Site Sees Fewer Credit Approvals
Swapalease.com reports lease credit approvals during the month of September dropped to 64.5 percent,...

Read more

Nissan Recalls Altimas for Hood Issues
Nissan North America Inc. is recalling 220,423 model year 2013 Nissan Altima vehicles manufactured M...

Read more

Ford Expands Partnership with Carfax
Ford Motor Co. and Carfax have expanded their partnership in the Ford and Lincoln certified pre-owne...

Read more

Firm Offers Free Reports
Site Sees Fewer Credit Approvals
Nissan Recalls Altimas for Hood Issues
Ford Expands Partnership with Carfax

Used Car News | Home

New Car Sales Set to Slow

kelleyThrough the first three weeks in October, the seasonal fourth-quarter slowdown in new-car sales clearly is in full effect, according to Kelley Blue Book.

Kelley Blue Book expects new-vehicle sales to drop to 14.7 million seasonally adjusted annual rate (SAAR) in October, after hitting 14.9 million last month. Analysts expect declines in both fleet and retail sales.

Fleet sales likely will decline 20,000 to 25,000 units overall, while retail sales will drive the remaining decline.

Although sales have dropped month-over-month, they remain high compared to this time last year. Sales will improve 10.7 percent versus October 2011, led by strong sales of fuel-efficient compact cars.

Kelley Blue Book expects compact cars such as the Honda Civic, Hyundai Elantra and Ford Focus to increase nearly 44 percent in October, coinciding with the highest fuel prices on record for this time of year.