Cars and Drivers
Hyundai Likely Winner Of December Car Sales Sweepstakes
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Hyundai is likely to continue its string of sharply improved monthly sales in December.The firm is expected to sell 63,000 cars this month when its Hyundai and Kia nameplates are taken together. That figure would put it close to Nissan’s projected 70,000 units for December, according to car research firm Edmunds. Hyundai’s share of the American market would move to 6.3%.
Ford (NYSE:F) is expected to be the winner among The Big Three with sales up 25% unadjusted for the difference is selling days between December 2008 and 2009. Ford’s market share is expected to reach 17.2% on the sales of 172,000 vehicles. That would move Ford close to its rival GM, which is expected to have sales of 206,000 units and a market share of 20.4%. Ford could pass GM in share next year based on the trends at each company.
Toyota (NYSE:TM) is expected to lead the Japanese car companies with sales of 185,000 units, putting it ahead of Ford with a market share of 18.3% for the month. Honda (NYSE:HMC) is expected to sell 100,000 cars and light trucks and have a market share of 9.9%.
Douglas A. McIntyre
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