August New Car Sales Figures Look Good

TrueCar - August 29, 2012 releases its August 2012 sales and incentives forecast, indicating a significant rise in percentage of sales for the top 8 auto manufacturers, even as the economy remains at a standstill.

Read what TrueCar VP Jesse Toprak has to say.

For August 2012, new light vehicle sales in the U.S. (including fleet) is expected to be 1,255,392 units, up 17.2 percent from August 2011 and up 8.9 percent from July 2012 (on an unadjusted basis)

“While the overall economy remains at a stand-still, auto sales continue to be strong as August marks the third straight month of SAAR over 14 million,” said Jesse Toprak, Vice President of Market Intelligence for “Domestics continue to lose market share as the strength of the Japanese recovery continues. Volkswagen is quietly becoming a serious player whose growth can’t be ignored.”

Read the full forecast for the top 8 auto manufacturers.