Fort Apache Detroit

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By Douglas A. McIntyre Published
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Edmunds, the car research firm, comes out with projections of US monthly vehicle sales a few days before the car companies announce. The numbers are usually pretty good.

Domestic sales are expected to be 1.15 million, about flat with last year. But, adjusted for the fact that there was one more selling day this year than in January 2006, the US car companies are forecast to be in for another beating. Edmunds puts Chrysler’s sales down 6.5%, GM’s down 9.4% and Ford’s down 17.5%. That’s right–17.5%. Ford might as well have taken the entire month as a holiday.

Toyota’s sales are expected to rise 14.3%.

All of this would put the share of the Big Three at 52.4% down from 57.1% a year ago.

Edmunds forecasts by brand:

The combined monthly U.S. market share for the domestic nameplates of Chrysler (DCX), Ford (F) and General Motors (GM) is estimated to be 52.4 percent in January 2007, down from 57.1 percent in January 2006 and down from 52.7 percent from December 2006.

Edmunds.com predicts Chrysler will sell 151,000 units in January 2007, down 20.5 percent compared to December 2006. This would result in a new car market share of 13.2 percent for Chrysler in January 2007, down from 13.6 percent in January 2006 and down from 13.4 percent in December 2006.

Edmunds.com predicts Ford will sell 174,000 units in January 2007, down 22.7 percent compared to December 2006. This would result in a market share of 15.1 percent of new car sales in January 2007 for Ford, down from 17.7 percent in January 2006 and down from 15.8 percent in December 2006.

Edmunds.com predicts GM will sell 277,000 units in January 2007, down 17.2 percent compared to December 2006. GM’s market share is expected to be 24.1 percent of new vehicle sales in January 2007, down from 25.8 percent in January 2006 but up from 23.5 percent in December 2006.

Edmunds.com predicts Honda (HMC) will sell 108,000 units in January 2007, down 18.1 percent from December 2006. Its market share is expected to be 9.4 percent in January 2007, up from 8.6 percent in January 2006 and up from 9.3 percent in December 2006.

Edmunds.com predicts Nissan will sell 78,000 units in January 2007, down 15.1 percent from December 2006. Nissan’s market share is expected to be 6.8 percent in January 2007, up slightly from 6.7 percent in January 2006 and up from 6.4 percent in December 2006.

Edmunds.com predicts Toyota (TM) will sell 191,000 units in January 2007, down 16.2 percent from December 2006. Toyota’s market share is expected to be 16.6 percent in January 2007, up from 14.1 percent in January 2006 and up from 16.0 percent from December 2006.

A body can only bleed so much.

Douglas A. McIntyre can be reached at [email protected]. He does not own securities in cmpanies that he writes about.

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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