(November 24, 2015) SANTA MONICA, Calif. — Car shopping destination Edmunds.com has issued its November 2015 new car sales forecast, which projects that 1,331,415 new cars and trucks will be sold in the U.S. in November for an estimated Seasonally Adjusted Annual Rate (SAAR) of 18.3 million.
Both the volume and SAAR are threatening to be the biggest on record for the month of November, eclipsing the 1,324,542 new cars sold in November 2001 for a SAAR of 17.7 million. The projected sales will be an 8.3 percent decrease from October 2015, but a 2.5 percent increase from November 2014.