(April 28, 2016) IRVINE, Calif. — New-vehicle sales are expected to increase 4 percent year-over-year to a total of 1.51 million units in April, resulting in an estimated 17.5 million seasonally adjusted annual rate (SAAR), according to Kelley Blue Book kbb.com. April sales could report the highest April volume ever, surpassing the previous record of 1.5 million units in April 2005.
"Following a disappointing March, we expect sales to get back on track in April with SAAR in the mid-17 million range," said Tim Fleming, analyst for Kelley Blue Book.