Momentum Strong Despite Expected Decline in June New Car Sales


  • 2015 Ford F-150 Picture

    2015 Ford F-150 Picture

    Ford is getting ready to roll out important new vehicles later this year, including the redesigned 2015 Ford F-150 pickup truck. | June 27, 2014

Just the Facts:
  • Despite a forecasted decrease in new car sales in June, momentum is still alive, Edmunds said.
  • The projected sales will be a 15.4 percent decrease from May 2014 and a 3.1 percent decrease from June 2013.
  • "The industry will see lots of year-over-year and month-over-month declines, but that doesn't mean that June was a bad month for sales," said Jessica Caldwell, an Edmunds senior analyst.

SANTA MONICA, California — Despite a forecasted decrease in new car sales in June, momentum is still alive, Edmunds said.

The projected sales will be a 15.4 percent decrease from May 2014 and a 3.1 percent decrease from June 2013.

"The industry will see lots of year-over-year and month-over-month declines, but that doesn't mean that June was a bad month for sales," said Jessica Caldwell, an Edmunds senior analyst. "It's important to remember that there were fewer sales days in June 2014 than in June last year or in May 2014. In fact, shoppers this month bought 2,700 more cars per day than they bought in June 2013.

"So the momentum is still very much alive."

June 2014 had 24 selling days, while June 2013 had 26 and May 2014 had 27.

Edmunds is predicting that GM's June U.S. sales will underperform the overall industry.

GM's June sales are expected to drop 8.5 percent compared to June 2013. GM is in the midst of a recall crisis that began with the recall of small cars such as the Chevrolet Cobalt with defective ignition switches. GM on Friday recalled the 2013-'14 Chevrolet Cruze for defective driver's airbags. The automaker has issued 44 recalls covering 20 million cars and trucks this year.

Edmunds also predicts that Ford sales will decline 6.5 percent in June compared to a year ago. Ford is getting ready to roll out important new vehicles later this year, including the redesigned 2015 Ford F-150 pickup truck.

Automakers will report June sales on Tuesday.

Edmunds says: June car sales are expected to be a bump in the road, but not a major concern.

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