This month's new vehicle sales (including fleet sales) are expected to be 742,000 units, a 22.9 percent decrease from September 2008 and a 41.1 percent decrease from August 2009, according to Edmunds.com.
Edmunds.com analysts predict that September's Seasonally Adjusted Annualized Rate (SAAR) will be 9.34 million, down from 14.06 in August.
"The aftereffects of Cash for Clunkers are being felt in two ways: first, a significant number of September sales were pulled ahead into August, and second, the low inventories and often higher prices give shoppers few reasons to buy," noted Edmunds.com CEO Jeremy Anwyl. "However, in the last half of the month we have seen that sales are gaining momentum, so there is room for a small upside surprise on sales announcement day. In addition, September sales are being buoyed by leftover clunker deliveries."
"The unusual sales pattern that occurred during Cash for Clunkers will make for some odd month-to-month and year-to-year comparisons," commented Michelle Krebs, Senior Analyst for Edmunds.com.
In her analysis for Edmunds' AutoObserver.com, Krebs reported, "This September is the opposite of last September. The first half of September 2008 — before the Lehman Brothers collapse — was stronger; sales dried up in the second half. This September sales were weak early in the month due to the Cash for Clunkers hangover and now are reaching a more normal — at least for these times — equilibrium. So, the trajectory of sales is more positive than a year ago."
The combined monthly U.S. market share for Chrysler, Ford and General Motors (GM) domestic nameplates is estimated to be 42.8 percent in September 2009, down from 53.2 percent in September 2008 and up from 41.1 percent in August 2009.
Edmunds.com predicts Chrysler will sell 55,000 units in September 2009, down 48.7 percent compared to September 2008 and down 40.7 percent from August 2009. This would result in a new car market share of 7.4 percent for Chrysler in September 2009, down from 11.1 percent in September 2008 and flat compared with August 2009.
Edmunds.com predicts Ford will sell 110,000 units in September 2009, down 9.7 percent compared to September 2008 and down 38.6 percent from August 2009. This would result in a new car market share of 14.9 percent of new car sales in September 2009 for Ford, up from 12.7 percent in September 2008 and up from 14.3 percent in August 2009.
Edmunds.com predicts GM will sell 152,000 units in September 2009, down 46.1 percent compared to September 2008 and down 37.8 percent from August 2009. GM's market share is expected to be 20.6 percent of new vehicle sales in September 2009, down from 29.4 percent in September 2008 and up from 19.5 percent in August 2009.
Edmunds.com predicts Honda will sell 89,000 units in September 2009, down 8.3 percent from September 2008 and down 45.1 percent from August 2009. Honda's market share is expected to be 11.9 percent in September 2009, up from 10.0 percent in September 2008 and down from 12.8 percent in August 2009.
Edmunds.com predicts Hyundai will sell 48,000 units in September 2009, up 14.9 percent from September 2008 and down 51.9 percent from August 2009. Hyundai's market share is expected to be 6.5 percent in September 2009, up from 4.4 percent in September 2008 and down from 8.0 percent in August 2009.
Edmunds.com predicts Nissan will sell 59,000 units in September 2009, down 1.1 percent from September 2008 and down 44.1 percent from August 2009. Nissan's market share is expected to be 7.9 percent in September 2009, up from 6.2 percent in September 2008 and down from 8.4 percent in August 2009.
Edmunds.com predicts Toyota will sell 130,000 units in September 2009, down 9.7 percent from September 2008 and down 42.1 percent from August 2009. Toyota's market share is expected to be 17.6 percent in September 2009, up from 15.0 percent in September 2008 and down from 17.9 percent in August 2009.
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The V8 engine has been replaced with a 3.0 liter direct injection V6 engine with 265 horsepower. In months to follow a turbocharged 2.8 liter V6 with 300 horsepower will be available as well. Front wheel drive or optional all-wheel drive replaces the previous rear-wheel drive and comes standard with StabiliiTrak 4-channel electronic stability control system with rollover mitigation to significantly reduce chances of a rollover. A Hydra-matic 6T70 6 speed automatic transmission with performance shifting and Driver Shift Control is on board as well to afford the driver superior control and maneuverability.
If you look closely, the front bumper even appears to be smiling. The 2.3 Liter DOHC 16-valve Direct-Injection Spark Ignition (DISI) turbocharged 4-cylinder engine delivers 263 horsepower and 280 lb ft of torque which will have MAZDASPEED3 drivers smiling as well.
Only 500 of these cars were made, and with the recent accident in Philadelphia in which a driver lost control and hit eight parked cars along a street in a south Philadelphia neighborhood, this leaves but 499 of this limited edition vehicle left on the market.
Midway Chevy in Phoenix is offering the special rate on the Tahoe, Suburban and Impala. In addition to these special savings, Midway Chevy has received a shipment of the most popular 2010 models, including the Camaro and Equinox. Arizona Chevy buyers can choose from over 500 new Chevy cars, trucks and SUVs in stock at the Phoenix dealership.
The Subaru WRX ($26,088, MSRP as tested), is powered by a 265-hp, 2.5-liter four-cylinder engine that delivers very strong acceleration and gets 24 mpg overall. It's well matched to a five-speed manual transmission. In everyday driving, the WRX engine has the manners of a typical four-cylinder with mileage to match. Braking is excellent. Interior plastics are all hard, but the interior is well-assembled.
Great handling and braking are high points of the 370Z, as is abundant power. The cabin is cramped and noisy, it's hard to see out, and the stiff ride is wearing over time. The Nissan 370Z Touring ($38,565, MSRP as tested), is a real sports car with quick handling and lots of grip. It is powered by a 332-hp, 3.7-liter V6 engine that gets 23 mpg overall, but on premium fuel. The six-speed manual transmission's short-throw shifter has a good feel. Braking is excellent. The interior has exceptional fit and finish.
The Hyundai Genesis Coupe 3.8 Grand Touring ($28,375, MSRP as tested), is powered by a 306-hp, 3.8-liter V6 engine and gets an impressive 23 mpg overall. The V6 engine smoothly hums under acceleration. However, the interaction of the six-speed manual transmission's shifter and heavy clutch make it a challenge to get smooth shifts. Braking is very good. The interior is nicely finished, although it's not luxurious like the Genesis sedan's.
With exhilarating straight-line acceleration, a brawny V8, and stock-car styling, the Challenger recaptures the character of the American muscle car. The Dodge Challenger R/T ($36,600, MSRP as tested), is powered by a 370-hp, 5.7-liter "Hemi" V8 engine that delivers strong performance and 18 mpg overall. The optional six-speed manual transmission shifts well with a pistol-like grip that fits snugly in hand. Whatever wind and road noise there is, and it's not much, is overwhelmed by the invigorating engine growl. Braking is mediocre and it has a big car feel rather than a sports car. The well-assembled interior has a nicely padded dash and nostalgic horizontal seat stitching.
The 2010 Chevrolet Camaro provides blistering performance and handles capably, but its girth undermines its agility. The Chevrolet Camaro 2SS ($35,425, MSRP as tested), is powered by a 426-hp, 6.2-liter, V8 engine that delivers very strong performance and 18 mpg overall. The engine sounds great when the throttle is punched. The six-speed manual transmission has a good feel. Braking is excellent. The interior is nicely finished despite gaps around the instrument panel and some cheap plastics.
The Mustang received a Very Good overall road test score of 78, outpointing the Camaro which received a Very Good 71, and the Challenger, which received a Good 53 points. CR's engineers found the Mustang's 2010 freshening makes it an even more balanced and satisfying driver's car than ever before.