agent Entrepreneur logo
MenuMENU
SearchSEARCH

Edmunds.com Predicts January Sales Increase from Year Ago, Plummet for Toyota

January 29, 2010
2 min to read


SANTA MONICA, Calif. — Edmunds.com analysts predict that January's new-vehicle sales (including fleet sales) are expected to be 701,000 units, and that the seasonally adjusted annualized rate (SAAR) will be 10.7 million, down from 11.2 in December 2009. This sales forecast represents a 7.1 percent increase from January 2009 but a 31.7 percent decrease from December 2009, according to Edmunds.com. January 2010 had 24 selling days, two less than last January. When adjusted for this difference, sales increased 16.0 percent from January 2009. (The chart below sets forth other unadjusted and adjusted comparisons.)


Change from January 2009 (Adjusted for fewer selling days)

Change from January 2009 (Unadjusted for fewer selling days)

Change from December 2009 (Unadjusted for fewer selling days)

Chrysler

14.6%

5.7%

-24.3%

Ford

44.5%

33.4%

-30.4%

GM

17.9%

8.8%

-32.7%

Honda

11.4%

2.8%

-31.9%

Hyundai

7.4%

-0.9%

-15.8%

Nissan

23.2%

13.7%

-16.5%

Toyota

-4.6%

-11.9%

-45.0%





Industry Total

16.0%

7.1%

-31.7%

  "December is generally one of the strongest sales months of the year, while January is typically one of the weakest, and that held true this season," said Jessica Caldwell, director of Industry Analysis for Edmunds.com. "This month’s sales were buoyed by hefty hikes in fleet sales." The combined monthly U.S. market share for Chrysler, Ford and General Motors (GM) domestic nameplates is estimated to be 47.2 percent in January 2010, up from 43.4 percent in January 2009 and up from 46.2 percent in December 2009. "Toyota’s market share is likely to drop to 14.7 percent in January; the last time it was that low was in March 2006 when its share was 14.2 percent of U.S. sales. In contrast, Ford is expected to have its best month for market share since May 2006. Edmunds.com forecasts Ford’s share at 18.0 percent. The last time it was that high was in May 2006 at 18.4 percent," noted Edmunds.com Senior Analyst Michelle Krebs. A detailed forecast is available at Edmunds' AutoObserver.com.

More Industry

Blue and white RV parked on beach facing the ocean.
Industryby Lauren LawrenceSeptember 3, 2026

RV Group Expands Carolina Footprint

Blue Compass RV Columbia Northeast is the 13th RV dealership owned by Blue Compass in the Carolinas.

Read More →
Photo of two men and one woman on a discussion panel
Industryby Hannah MitchellSeptember 1, 2026

Agent Acumen

An Agent Summit panel of people who’ve been supporting auto dealers for years gave both timely and timeless advice for those starting out or mulling the prospect.

Read More →
Gloved hand holding two wrenches next to “Turn Overdue into Opportunity” Graphic
Industryby Lauren LawrenceAugust 27, 2026

Missed Maintenance Creates Opportunity

As families get back on the road and into daily school routines, service drives have an opportunity to capture customers who are behind on recommended vehicle maintenance.

Read More →
Ad Loading...
Mitsubishi shadow line-up
Industryby Hannah MitchellAugust 25, 2026

Mitsubishi Unveils U.S. Plan

The automaker announced a strategy that includes an expanded lineup and dealership presence, along with more ‘rugged’ and electric models.

Read More →
Photo of a laptop, cellphone and eyeglasses on a desk next to an office window
IndustryAugust 24, 2026

Selling to Grow

The question of whether you should sell your agency and if so, when, is up to you. But it’s a question worth asking to ensure you keep the business on the right path for yourself, employees and clients.

Read More →
Mechanic holding a vehicle diagnostic device while standing above an open car hood
Industryby Hannah MitchellAugust 24, 2026

Recalled Vehicles Hit 5-Year High

Though the number of events has fallen so far this year, impacted units are up significantly. Meanwhile, regulators consider consumer notification changes.

Read More →
Ad Loading...
outside of car dealership with cars parked in front
Industryby Lauren LawrenceAugust 20, 2026

Auto Group Acquires Top-Performing Rooftop

Car Pros sold its Kia Huntington Beach location to Sutherlin Automotive Group, marking the buyer’s third location in Southern California.

Read More →
Cars from the rear on a Shanghai freeway
Industryby Hannah MitchellAugust 19, 2026

China as Pacesetter

Automotive leaders huddled on where North America stands in the global picture and how it can strengthen its position against the Asian juggernaut’s surging industry.

Read More →
Orange BMW car on empty road.
Industryby Hannah MitchellAugust 14, 2026

BMW Concept Car Makes Fuel to Burn

The prototype developed in concert with a South Carolina university engineering team generates more solar energy than it uses in a typical daily commute.

Read More →
Ad Loading...
Six men standing for photo outside of car dealership
Industryby Lauren LawrenceAugust 13, 2026

South Carolina Auto Group Downsizes

Florida-based group Holler-Classic has acquired four rooftops, its first in South Carolina, from Dick Smith Automotive Group.

Read More →
Ad Loading...