DETROIT, MI – Industry analysts are forecasting an increase in vehicle sales for General Motors, driven by a strong showing for the Detroit automaker’s pickup trucks.
Kelley Blue Book expects GM to post a 1.9 percent increase in sales volume to roughly 230,000 units, and Edmunds is forecasting about 231,055 vehicles sold for GM, an increase of 2.3 percent.
KBB has Ford Motor Co. in second place a 0.9 percent rise to 188,000 units, and Toyota Motor Co. in third with a 1.3 percent slip to 181,000 units.
Edmunds on the other hand has forecast Toyota landing in second with a 4.9 percent improvement to 192,343 units, while Ford’s sales are estimated to be up 2.9 percent to 191,126.
KBB is forecasting flat U.S. new car and truck sales for Fiat Chrysler Automobiles at 171,000 units, while Edmunds has FCA’s sales up 3.4 percent to 176,647 units.
Meanwhile, Volkswagen’s sales are forecast to drop 9.5 percent to 48,000, KBB said.
“Volkswagen Group, on the heels of another diesel issue involving its higher-end models, appears to have a challenging November,” said Fleming. “Following an incentive-heavy October that cleared out many 2015 gas-powered models, a shorter supply of vehicles and expanded stop-sales on diesel models will contribute to a slower month of sales.”
Edmunds puts the drop at 14.4 percent to 41,284 units.