August New Car Sales Figures Look Good

TrueCar

TrueCar.com - August 29, 2012

TrueCar.com 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 TrueCar.com. “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.

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