New Car Sales to Jump 5.2 Percent in April

April 28, 2015

April 27, 2015—New vehicle sales are expected to increase 5.2 percent year over year to a total of 1.46 million units in April 2015, resulting in an estimated 16.5 million seasonally adjusted annual rate, according to Kelley Blue Book. In terms of volume, this should be the highest April total since 2005.    

Total sales in 2015 are projected to hit 16.9 million units overall in 2015, a 2.5 percent year-over-year increase and the highest overall total since 2005, when sales fell just shy of 17 million units overall. 

Key highlights:

  • In April, new light-vehicle sales, including fleet, are expected to reach 1.46 million units, up 5.2 percent from April 2014 and down 5.4 percent from March 2015.
  • The seasonally adjusted annual rate (SAAR) for April 2015 is estimated to be 16.5 million, up from 16 million in April 2014 and down from 17.1 million in March 2015.
  • Retail sales are expected to account for 81 percent of volume in April 2015, even with April 2014.

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