Edmunds.com forecasts that US new vehicle sales (including fleet sales) in November are expected to be 1.22m units, a 5% increase on last year. Edmunds says that compact car sales are particularly strong.

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“Perhaps in part because gas prices have steadily increased this month, compact cars sales have grown approximately 16% over last year,” said Jesse Toprak, Executive Director of Industry Analysis for Edmunds.com. “Large SUVs are still taking a hit, with segment sales down nine percent compared to last year, while the more fuel efficient midsize SUVs are up about 17% over last year.”


The combined monthly US market share for Chrysler, Ford and General Motors (GM) domestic nameplates is estimated to be 53.6% in November 2006, down from 54.6% in November 2005 and down from 55.1% in October 2006.


Edmunds.com predicts Chrysler will sell 155,000 units in November 2006, down 3.1% compared to November 2005. This would result in a new car market share of 12.7% for Chrysler in November 2006, down from 13.8% in November 2005 and down from 13.2% in October 2006.


Edmunds.com predicts Ford will sell 201,000 units in November 2006, up 2.1% compared to November 2005 but down 4.5% from October 2006. This would result in a market share of 16.5% of new car sales in November 2006 for Ford, down from 16.9% in November 2005 and down from 17.3% in October 2006.

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Edmunds.com predicts GM will sell 298,000 units in November 2006, up 7.4% compared to November 2005 and unchanged from October 2006. GM’s market share is expected to be 24.5% of new vehicle sales in November 2006, up from 23.9% in November 2005 and unchanged from October 2006.


Edmunds.com predicts Honda will sell 116,000 units in November 2006, up 9.6% from November 2005 and up 4.9% from October 2006. Its market share is expected to be 9.5% in November 2006, up from 9.1% in November 2005 and up from 9.1% in October 2006.


Edmunds.com predicts Nissan will sell 79,000 units in November 2006, up 2.9% from November 2005 and up 5.8% from October 2006. Nissan’s market share is expected to be 6.5% in November 2006, down slightly from 6.6 % in November 2005 and up from 6.2% in October 2006.


Edmunds.com predicts Toyota will sell 195,000 units in November 2006, up 14.7% from November 2005 and up 3.0% from October 2006. Toyota’s market share is expected to be 16.0% in November 2006, up from 14.6% in November 2005 and up from 15.6% in October 2006.


Forecasters have suggested that the US light vehicle market is heading for the doldrums on the back of a slowing economy and housing market. GM CEO Rick Wagoner today said that he expected a flat 2007 market.