Industry analysts are expecting a bright start to second quarter auto sales, with April generating a seasonally adjusted annual sales rate (SAAR) of up to 14.5 million vehicles. While showing a decrease from last months’ total sales of 1.4 million – data collected by Truecar.com estimates 1,195,809 vehicles sold, a solid 3.4 percent increase over …
U.S. auto sales in March may have fallen short of economists’ predictions, but they did not disappoint. Total first quarter sales were up over 13 percent from 2011, with General Motors, Ford Motor Company, and Chrysler claiming over 27 percent of the domestic market share. “It was the best quarter since ’08,” said Michelle Krebs, …
General Motor’s days at number one in market share are numbered in the U.S. But sales tactics are not the problem. On average, Americans have hung on to their current vehicles for over ten years. In the face of rising gas prices, they will be looking for more than high incentives when finally purchasing replacement …
February auto sales may have surpassed expectations, but it’s too soon to declare a new trend. February’s seasonally adjusted annual rate (SAAR) is projected to exceed 15 million – the highest estimate in four years. Total light vehicle sales were up 15% from last February, following an 11% year-over-year increase in January. GM sold 209,306 …
