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December 22, 2015 - Industry News

Edmunds Puts 2015 SAAR at 17.5 Million

Edmunds said this week the industry is on pace to break the previous December sales record set in 2004. It predicts the industry will retail 1.7 million units in December, a 29.7% increase from November and a 12.3% increase from a year ago.

Tags: December, Edmunds, New-Car Sales, SAAR

August 26, 2015 - Industry News

Timing of Labor Day to Drive Down August Sales by 4%, KBB Predicts

Because of the timing of Labor Day, August new-vehicle sales will not get the boost they got last year from the holiday sales weekend. But KBB analysts still expect August sales to 'remain robust.'

Tags: August sales, Kelly Blue Book, New-Car Sales

December 16, 2014 - Industry News

‘Great Deleveraging’ Has Ended, Equifax Reports

Consumers are back in the borrowing business, with November consumer credit data from Equifax showing that nonmortgage credit balances rose to their highest level in five years.

Tags: auto finance, Auto Loans, Car Shopping, Consumer Credit Balances, Equifax, New-Car Sales

July 31, 2014 - Industry News

Gen Y Overtakes Gen X in Car Buying, J.D. Power Says

Gen Y consumers have accounted for 26% of new-vehicle retail sales in the past year, putting sales attributed to that generational group ahead of Gen X for the first time.

Tags: Generation X, Generation Y, J.D. Power and Associates, New-Car Sales

May 22, 2014 - Industry News

NADA: U.S. Dealers Employ More Than 1 Million People

The number of people employed by the automotive retail industry topped the 1 million-person mark last year, with the average new-car dealership employing, on average, 57 people, the NADA reports.

Tags: employment, NADA, National Automobile Dealers Association, New-Car Sales

March 27, 2014 - Industry News

March New-Car Sales Expected to Increase 2%

New-vehicle sales are expected to rise nearly 2% year over year to 1.48 million units, Kelley Blue Book reports. The firm also expects the industry SAAR to be at its highest level for March since 2007.

Tags: Kelley Blue Book, March, New-Car Sales, SAAR

October 8, 2013 - Industry News

Edmunds Predicts 16.4 Million New-Vehicle Sales for 2014

Edmunds.com predicts new-car sales in 2014 will reach 16.4 million units, the highest since 2006. The vehicle information site also estimates the industry will close out 2013 with 15.5 million new vehicles sold.

Tags: Edmunds, Edmunds.com, New-Car Sales

July 23, 2013 - Industry News

July Deliveries Could Rise 7 Percent, CNW Predicts

The first 20 days of July has the market research firm predicting a 7 percent gain in deliveries from a year ago. CNW also spots an incentive war brewing on the horizon.

Tags: CNW Research, New-Car Sales

February 26, 2013 - Industry News

TrueCar: February SAAR Highest Since 2007

According to TrueCar, February’s SAAR sits at 15.7 million units, the highest SAAR since 2007. Estimated incentive spending is at nearly $2,400 for the month.

Tags: 2013, February, fleet, New-Car Sales, retail, SAAR, TrueCar

January 31, 2013 - Industry News

TrueCar: January New-Car Sales to Rise 15 Percent

TrueCar predicts January’s SAAR will reach 15.4 million, the highest reading since 2008. It also predicts that incentive spending will drop to its lowest level since October 2005.

Tags: January, New-Car Sales, sales predictions, TrueCar, TrueCar.com

December 27, 2012 - Industry News

Industry Could Retail 16 Million Units in 2013, CNW Says

CNW Research believes the industry could return to the 16 million-unit level next year. What happens in Washington, D.C., will determine whether that prediction is realized.

Tags: Car Sales, CNW Research, Industry Sales, New-Car Sales, SAAR

November 29, 2012 - Industry News

CNW Says Economy On Track for 2013 Recovery

The market research firm says all signs point to an economic recovery next year if nothing disrupts the growing optimism among Americans.

Tags: 2013, Art Spinella, CNW Research, December, New-Car Sales, recovery, Used-Car Sales

October 25, 2012 - Industry News

KBB Sees New-Car Sales Cooling in October

KBB predicts October new-car sales will settle in at a 14.7 million SAAR after clocking in at 14.9 million units in September.

Tags: KBB, Kelley Blue Book, New-Car Sales, October, SAAR

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