A new industry estimate projects that total revenue from consumer purchases of new and used cars and trucks will surpass $1.1 trillion this year, fueled by higher transaction prices across the board. Consistent strong demand for vehicles should lift total vehicle revenue 8.3 percent this year over about $1 trillion in 2013, according to TrueCar, […]
New-vehicle sales are expected to increase 11.6 percent year-over-year to a total of 1.46 million units, resulting in an estimated 16.6 million seasonally adjusted annual rate (SAAR), according to Kelley Blue Book. “Following last month’s record SAAR since July 2006, sales should slow slightly, but remain strong overall in July,” said Alec Gutierrez, senior analyst […]
Cars.com expects total June car sales to come in at 1,372,168 units, down 2.1 percent year-over-year and down 14.7 percent from May. “Despite the expected year-over-year dip, the pace of new-car sales remained healthy in June at approximately 16.4 million SAAR,” said Jesse Toprak, chief analyst for Cars.com. “An attractive collection of new models as […]
New-vehicle sales are expected to hit a total of 1.19 million units, and an estimated 15.3 million seasonally adjusted annual rate (SAAR), according to Kelley Blue Book. These numbers come despite what has been a particularly cold and snowy winter. “For the second consecutive month, winter storms and unusually cold weather in many parts of […]
