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Compact, subcompact and pickup segments will push industry up 6.6 percent over 2012, Polk predicts. The firm also says the industry will return to the 16 million-unit level by 2015.
Read More →TrueCar says the industry is on pace to sell more than 1.37 million units this month, which would put the SAAR at 15.6 million units.
Read More →If October maintains its current sales pace, the industry will have achieved something it hasn't done since 2008, J.D. Power and LMC Automotive report.
Read More →TrueCar puts August’s seasonally adjusted annual rate at 14.2 million despite spotting a 6 percent drop in incentive spending.
Read More →J.D. Power and LMC Automotive expect the industry to realize its highest monthly, new-vehicle selling rate in four and half years, with the industry expected to sell more than 1.066 million units this month.
Read More →July ’12 new-vehicle sales are expected to reach their highest level since July ’07, according to TrueCar.com.
Read More →A recent report from asset management firm Alliance Bernstein highlighted strong sectors in the U.S. economy, one of which is retail automotive sales.
Read More →AutoNation Inc. reported increased profitability in each of its business sectors for the first quarter, with revenue up 10 percent and gross profit up 6 percent. F&I gross profit per vehicle sold was up 7.2 percent.
Read More →The state's dealer group reports that new-vehicle registrations for the first quarter increased 17.7 percent vs. a year ago, and predicts that California dealers will deliver 1.5 million units this year.
Read More →Sales slowed, but two market research firms said the industry will deliver 1.135 million units in April, an 11 percent increase from a year ago.
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