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January 10, 2012

High Trade-in Values to Boost New-Car Sales, Says NADA Analyst

NADA Used Car Guide analyst Jonathan Banks anticipates trade-in values to stay high throughout 2012.

January 5, 2012

Industry Likely Ended 2011 at 12.8 Million Units

Autodata Corp. estimated that U.S. auto sales reached 12.8 million units last year, marking the best year for auto sales since 2008 if the stat holds. Big winners were General Motors, Ford and Chrysler, with GM reclaiming the top spot in world vehicle sales two years after it emerged from its U.S.-backed bankruptcy.

January 3, 2012

Global Sales to Reach 77.7 Million Units in 2012, Polk Predicts

Polk said it expects worldwide new-vehicle sales in 2012 to rise 6.7 percent over 2011 volumes to 77.7 million vehicles.

December 21, 2011

Edmunds.com Names Best Sellers of 2011

Edmunds.com’s review of 2011 car sales revealed that the Ford F-150 is the top-selling new vehicle of 2011, while the Honda Accord is the best-selling used car of the year.

December 21, 2011

Japanese Tsunami Caused 6 Percent Price Increase for Some Models, ALG Says

The March 2011 Japanese disaster resulted in a nearly 6 percent jump in new-vehicle pricing for vehicles like the Honda Fit, according to ALG, a subsidiary of TrueCar Inc.

December 6, 2011

Mercedes-Benz, Chrysler Lead November Sales Gains

November proved to be another strong month for automakers, with light vehicle sales pacing at a 13.63 million SAAR — the highest rate this year, according to Autodata Corp.

December 6, 2011

Car Sales “Mini-Bubble” to Last Into Early 2012, Edmunds.com Reports

Edmunds.com estimates that the 300,000 new-car purchases the industry missed out on over the summer will be realized in the coming weeks, with the vehicle information site predicting a notable start to 2012.

November 17, 2011

New-Vehicle Sales Pacing at Three-Year High in November

A new report by J.D Power and Associates and LMC Automotive revealed that November new-vehicle retail sales are projected to come in at a SAAR of 11.3 million units — the highest monthly selling rate in three and a half years.

November 8, 2011

Internet Searches Good Indicator of Purchasing Trends, New Study Reveals

Experian Automotive's and Experian Hitwise's joint analysis of second quarter shopping and purchasing trends revealed that the gap between market share of branded searches and new-vehicle registrations has closed, indicating that searches precluded actual purchase.

November 3, 2011

Industry Realizes Best October Since 2007

Automakers enjoyed their best October since 2007, with U.S. auto sales rising about 8 percent from last October to 1.02 million, according to Autodata Corp.