Edmunds Predicts 11.5 Million in Vehicle Sales for 2010

Edmunds.com in an effort to beat the end-of-the-year rush has come out with a prediction of 11.5 million in new vehicle sales for 2010. That would be a healthy increase of 10.5 percent from 2010.

Of course, 2009 was the worst year in new car sales since 1982 with 10.4 million in sales. Anything less than 10 percent growth probably could have been perceived as a massive failure. So, things are going in the right direction. Edmunds.com forecasts that 2011 sales will be about 12.9 million vehicles.

“While we're far better off than a year ago and the trajectory is trending upward for a much brighter 2011, 2010 goes into the history books as the second worst year for car sales since 1982 -- second only to 2009,” commented Edmunds.com Senior Analyst Michelle Krebs, who has a complete forecast report available for download.

Not all the news is positive. For December sales, Edmunds.com predicts Toyota will sell 164,900 vehicles, down 12.2 percent from December 2009 but up 27.5 percent from November, for a market share of 14.6 percent, down from 18.4 percent in December 2009 and down from 15.0 percent in November 2010. All of its recalls are just killing the brand’s sales.

Related articles:

• Automotive Dealers see large growth in sales for 2010
• Toyota fined $32.4 million for recall practices
• NHTSA Confirms Recall of Toyota Sienna
• Toyota’s reputation on the decline