• News
  • Guides
  • Reviews
  • Media
  • About
  • News
  • Guides
  • Reviews
  • Media
  • About
Sign up Now (For Free)

Sign up for our newsletter and receive the latest automotive news in your inbox!

Invalid email address
We promise not to spam you. You can unsubscribe at any time.
Thanks for subscribing!
News
Read Now
  • All News
  • Automakers
  • Automobiles
  • Auto Shows
  • Business
  • EVs & Environment
  • Guides
  • Lawsuits/Legal
  • Regulatory
  • Ride-Sharing
  • Safety & Recalls
  • Technology
Recent
  • The Rearview Mirror: "A Path Filled With Hardships"
  • Q&A: Volvo CEO Jim Rowan Talks Hitting Targets, Future Vehicles
  • FIA’s Formula E is Changing the Way We Look at Racing
  • Lexus Lifts the Covers Off New, Three-Row TX SUV
  • First Look: 2024 Lexus GX
  • GM Investing $500M in Texas Plant for Gas-Powered SUVs
  • New Battery Chemistry Promises Increased Range, Cell Life
  • Labor Unrest at West Coast Ports Threatens U.S. Automakers
  • Used Car Wholesale Prices Decline; Retail Prices Don't
  • Pandemic Accelerated Auto Dealers’ Shift to Digital-Oriented Sales Process
Editor’s Choice
    Reviews
    Read Now
    • All Reviews
      • Feeder
    • Classic Cars
    • Concept Cars
    • Convertibles
    • Coupes
    • Crossovers/CUVs
    • Diesel
    • Hot hatches
    • Hybrids
    • Luxury Vehicles
    • Minivans
    • Muscle Cars
    • Pickups
    • Sedans
    • Sports Cars
    • Super Cars
    • SUVs
    Recent Reviews
    • A Week With: 2024 Chevrolet Trax Activ
    • A Week With: 2024 GMC Sierra 2500 Denali Ultimate
    • A Week With: 2023 Volkswagen Golf GTI 2.0 SE
    • A Week With: 2023 Kia Niro SX Touring
    • A Week With: 2023 Alfa Romeo Stelvio Estrema Q4
    • A Week With: 2023 Lexus NX 350h Luxury
    • A Week With: 2023 Volkswagen Tiguan SEL R-Line
    • First Drive: 2024 Toyota Grand Highlander
    • A Week With: 2023 Ford Mustang Mach-E Premium RWD
    • A Week With: 2023 Electrified GV70 AWD Prestige
    Editor’s Choice
      Guides
      Car Warranty
      • Endurance Warranty Reviews
      • BMW Extended Warranty
      • Extended Warranty For Cars Over 100k Miles
      • Extended Car Warranty Cost
      • Subaru Extended Warranty
      • CarShield Reviews
      • CarShield Cost
      • Aftermarket Car Warranty
      • CARCHEX Warranty Reviews
      • Reputable Extended Car Warranty Companies
      • Used Car Warranty Companies
      • Best Car Warranty
      • Is CarShield A Scam?
      • Mercedes Extended Warranty
      • CarShield Plans
      Insurance
      • How To Identify A Car Insurance Company
      • Geico Mechanical Breakdown Insurance
      • How Far Back Does A Car Insurance Company Look
      • Mechanical Breakdown Insurance For Used Cars
      • State Farm Mechanical Breakdown Insurance
      • Mechanical Breakdown Insurance From Progressive
      • Dollar A Day Insurance
      • Auto Insurance For SSI Recipients
      • Car Insurance Rates After A Suspended License
      • Auto Insurance For Salvage Vehicles
      • Average Cost of Dodge Ram 1500 Car Insurance
      • Car Insurance Florida
      • Full Coverage Auto Insurance
      • GrubHub Insurance
      • Amazon Delivery Auto Insurance
      Shipping
      • Car Shipping Companies
      • uShip Reviews
      • Auto Shipping From California To Hawaii
      • Montway Auto Transport Reviews
      • Cheap Car Shipping
      • Easy Auto Ship Reviews
      • Auto Shipping Miami
      • Auto Shipping To Alaska
      • Car Shipping Cost
      • Auto Shipping Hawaii
      • Auto Shipping Puerto Rico
      • Sherpa Auto Transport Reviews
      • Auto Shipping Atlanta
      • Auto Shipping Boston
      • Auto Shipping. Chicago
      About
      • About Us
      • Contact Us
      • Terms of Use
      • Privacy Policy
      • Affiliate Disclosure
      • Sitemap
      TheDetroitBureau.com

      More than just “another” place to find news, reviews, spy shots, commentary, features, and guides about the auto industry. TheDetroitBureau doesn’t stop with the press releases or confuse a few lines of opinion with insightful, in-depth reporting.

      Contact Us

      Like what you see? Have some ideas for making The Detroit Bureau.com even better? Let us know, we’d love to hear your voice.

        Media
        Listen Now
        • Headlight News: All Episodes
        More from TheDetroitBureau
        • Guides
        • Latest News
        • Auto Reviews
        • Podcasts
        Headlight News

        TheDetroitBureau.com’s Headlight News offers a look at the past week’s top automotive news stories, as well as what’s coming up in the week ahead. Check out the week’s top story and our latest review…along with a dive into the past with this week in automotive history.

        home > news > Automobiles > May New Vehicle Sales Expected to be Strong

        May New Vehicle Sales Expected to be Strong

        Total numbers will be lower due to fewer selling days.

        Michael Strong
        Michael Strong , Managing Editor
        May 27, 2015
        Small SUVs and crossovers like the 2015 Lincoln MKC are still selling strong in May despite rising gas prices.

        Early reports show that May will be a strong month for new car sales, but when the numbers come out they are likely to show sales being down on a year-over-year basis.

        According to Kelley Blue Book (KBB), sales are likely to come in at 1.59 million units this month, which will be down 1%. So what’s with all the optimism? There’s one less day this year to sell cars, trucks and SUVs than last May so the seasonally adjusted annual rate (SAAR) is actually higher (17.3 million versus 16.5 million last May) even though fewer vehicles will leave dealer showrooms.

        Always Looking Ahead!

        “May sales will reach the highest total year-to-date, and could remain the highest until December of this year,” said Alec Gutierrez, senior analyst for Kelley Blue Book.  “While we expect an overall decline in volume versus last year, the difference is the result of one fewer sales day from May 2014, and total SAAR will reflect year-over-year improvement.

        “May typically is a strong sales month, as consumers take advantage of warmer weather and advertised deals for the extended Memorial Day sales weekend.”

        Despite a slowdown in the sales of small and midsize sedans, Fiat Chrysler is expected to post its 62nd consecutive month of increased sales.

        Many analysts expect actual sales in 2015 to hit the 17 million mark, but KBB isn’t quite as enthusiastic, projecting 16.9 million units, which is a 2.5% year-over-year increase and the highest overall total since 2005, when sales fell just shy of 17 million units overall.

        (New vehicle sales tracking for 17 million in May. For more, Click Here.)

        However, one area where it is still bullish is the trend of consumers buying SUVs. Despite the recent rise in gas prices nationally, the group expects sales of small and midsized utes to rise 6% in May. Conversely, small and mid-size car sales are flat and combined share is down 1.5% and the segments are expected to fall as much as 5% this month.

        While most of the automakers are expected to take small sales hits, KBB thinks that Fiat Chrysler is going to keep its run of consecutive months of sales gains intact.

        (Click Here for details Honda shifting production from cars to trucks.)

        “Fiat Chrysler Automobiles is expected to narrowly continue its sales gain streak to 62 straight months of growth, largely due to the surging Jeep brand, which is poised to set another record in monthly sales,” said Gutierrez.

        “The all-new Renegade would have helped push Fiat Chrysler’s total even higher, if not for the halt on its deliveries due to a software issue. Nonetheless, the Cherokee experienced similar troubles at its launch in late 2013 and is now Jeep’s top seller.”

        (To see more about how teen drivers pose a risk to everyone on the road, Click Here.)

        American Honda could report a slightly larger drop in volume, as two of their best-selling models, the Accord and Civic, are in segments that are losing popularity among consumers, KBB added.

        How to Care for Your Car

        Cheap Car Warranty

        Editor's Choice

        Best Extended Car Warranty

        Editor's Choice
        Recently Published

        The Rearview Mirror: “A Path Filled With Hardships”

        Today
        FIA Formula E 2023 Jakarta teams on track REL

        FIA’s Formula E is Changing the Way We Look at Racing

        Yesterday
        2024 Lexus TX - debut front 3-4

        Lexus Lifts the Covers Off New, Three-Row TX SUV

        Yesterday

        One response to “May New Vehicle Sales Expected to be Strong”

        1. Pingback: Worldwide Road Deaths Decline in 2014 | TheDetroitBureau.com

        Leave a Reply Cancel reply

        Your email address will not be published. Required fields are marked *

        Share this article:
        © The Detroit Bureau 2023
        • Guides
        • Privacy Policy
        • Terms of Use
        • Affiliate Disclosure
        • Contact Us
        • Sitemap
        Follow Us: