Edmunds Predicts Best April Car Sales Since 2007


  • 2013 Nissan Pathfinder Picture

    2013 Nissan Pathfinder Picture

    Nissan is expected to have a bigger year-over-year sales increase in April than any other major automaker. | April 26, 2013

Just the Facts:
  • Edmunds is forecasting the best April car sales since 2007, with sales almost back to pre-recession levels.
  • Edmunds predicts that 1,306,901 new cars and trucks will be sold in the U.S. in April for an estimated Seasonally Adjusted Annual Rate (SAAR) of 15.2 million.
  • Nissan is expected to have a bigger year-over-year sales increase — at 30.3 percent — than any other major automaker.

SANTA MONICA, CaliforniaEdmunds is forecasting the best April car sales since 2007, with sales almost back to pre-recession levels.

Edmunds predicts that 1,306,901 new cars and trucks will be sold in the U.S. in April for an estimated Seasonally Adjusted Annual Rate (SAAR) of 15.2 million.

"We're forecasting the best April car sales since 2007, and that's consistent with the strong growth we've seen in the last several months," said Jessica Caldwell, Edmunds senior analyst. "Sales are almost back to pre-recession levels, so as long as automakers keep reporting their best sales in at least five years, we'll continue to be in good shape."

Nissan is expected to have a bigger year-over-year sales increase — at 30.3 percent — than any other major automaker. Nissan will achieve this distinction despite incurring the biggest sales decrease — 32.5 percent — of any automaker from March to April. This anomaly can be attributed to Nissan's annual practice of aggressively pushing sales to close out its fiscal year, which ended in March.

Hyundai and Kia will stand out in April for delivering fewer sales than in 2012. As a result, Hyundai and Kia will see its U.S. sales share drop a full percentage point from 9.3 percent in April 2012 to 8.3 percent this month.

Edmunds says: A rosy result is on tap for April car sales.

Leave a Comment
ADVERTISEMENT
ADVERTISEMENT

Marketplace

up2drive

Get Pre-Approved for a Loan


Car.com

Credit Problems?
We can help you get Financing!

ADVERTISEMENT