This month’s new vehicle sales (including fleet sales) in the US are expected to be 1.52m units, a 3% decrease from April 2006, according to Edmunds.com.

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This amounts to a seasonally adjusted annual rate (SAAR) of 16.9m units.


This May had 25 selling days, one more than last May did. Without adjusting for this difference, sales are up about 1% from May 2005.


“High gas prices are motivating consumers to focus on smaller vehicles such as the new [Honda Fit (Jazz) and Toyota Yaris],” said Edmunds industry analysis head Jesse Toprak.


“It is said that history repeats itself; one might observe that the automotive industry is now reliving some elements of the 1970s.”


Edmunds estimates the combined monthly US market share for Chrysler, Ford and General Motors domestic nameplates at 55.1% in May, down from 58.9% in May 2005 but up from 54.6% in April 2006.

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