Tag Archives: truecar

August SAAR Projected at 17.4 Million. Labor Day Sales in September 2015

A later than usual Labor Day holiday weekend this year is pushing the impact of that major car-buying period for automakers to September. Continue reading

Posted in sales | Tagged , , , , | Leave a comment

China World’s Biggest Auto Market by Units, Not Revenue

Total value for new vehicles sold in China, the world’s largest market by volume, lagged the U.S. by as much as $161 billion last year, based on a comparison of pricing data. Continue reading

Posted in financial results, news analysis | Tagged , , , | Leave a comment

Frigid February Hot for US Auto Sales

The U.S. auto sales expansion is continuing despite a frigid February according to the latest forecast that show a large 8.5% increase for the industry. New light vehicle sales, including fleet, should reach 1,295,600 units for the month. Continue reading

Posted in sales | Tagged , , , | Leave a comment

Super Bowl Auto Ads Better than Incentives?

Super Bowl advertising is claimed to be efficient because the average automotive advertiser achieving a projected 2.4% increase in retail market share. Auto brands that advertised during the game gained a combined 0.9 percentage point of retail share compared to those that did not. Continue reading

Posted in marketing | Tagged , , , , | Leave a comment

U.S. New Vehicle Revenue at $38 Billion in January

The average transaction price (ATP) for light vehicles was $32,812, up 3.5% from a year ago, while average incentive spending per unit increased by $93 to $2,642. Continue reading

Posted in financial results | Tagged , , , | Leave a comment

Wireless Car Shopping Grows in December

Unique visitors to TrueCar.com were 3.7 million in December versus 2.4 million a year ago. This increase coincides with a recovering U.S. economy and growing consumer confidence. Continue reading

Posted in marketing | Tagged , , , | Leave a comment

August Claimed Best Month to Buy a New Car

People looking to save on a new car or truck should do their shopping in August, according to a new study that says new car and truck prices during the past five years in August have averaged $29,296 – $169 lower than any other month. Continue reading

Posted in marketing, prices | Tagged , , , | Leave a comment