agent Entrepreneur logo
MenuMENU
SearchSEARCH

June Sales Expected to Beat 2009, but Fall Below May's Results

June 25, 2010
2 min to read


DETROIT - New-vehicle sales are expected to increase in June over a year ago -- when demand was unusually weak -- with the rise expected to be as much as 17 percent, based on several forecasts released in recent days, Automotive News reported.


The consumer Web site Edmunds.com expects U.S. light-vehicle sales to reach almost a million units, representing a seasonally adjusted annualized selling rate of 11.2 million.

Ad Loading...


Major automakers are scheduled to report June sales on Thursday.


The consensus among analysts tracked by Wells Fargo Securities is for June sales to come in at a SAAR of 11.5 million.


A year ago, the June SAAR was 9.5 million, when the U.S. market was in the worst slump in at least three decades.


U.S. light-vehicle sales totaled 10.4 million cars and trucks in 2009, and the consensus forecast for 2010 sales is 11.5 million to 12 million.


But June sales are expected to be weaker than May. Edmunds.com says many buyers who normally would have waited to buy a vehicle this summer decided to buy earlier because of aggressive incentives from Toyota Motor Corp. and other automakers in recent months.

Ad Loading...


For the year to date, fleet sales have been higher than expected, with retail demand weaker than forecasts.


“Retail sales need to ramp up in the second half to boost full-year sales in the 11.5 million-to-12 million range,” Wells Fargo analyst Richard Kwas said in a research report released yesterday.


High unemployment and weak job and income growth are discouraging many U.S. households from buying big-ticket items.


J.D. Power and Associates expects June sales to reach 971,000 vehicles, up 13 percent from June 2009, with fleet sales offsetting weakness in the retail market.

More Industry

Two dodge cars outside of dealership.
Industryby Lauren LawrenceSeptember 17, 2026

Auto Affordability Inches Up

The latest Cox Automotive and Moody’s Analytics index shows a slight increase in new-vehicle affordability despite high prices.

Read More →
Five men smiling for photo in front of Honda car dealership.
Industryby Lauren LawrenceSeptember 10, 2026

Ohio Auto Group Under New Ownership

After 79 years with the Schluter family, Mansfield Auto Group has been acquired by Missouri-based Clement Auto Group.

Read More →
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 →
Ad Loading...
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 →
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 →
Ad Loading...
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 →
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 →
Ad Loading...
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 →
Ad Loading...