Providers and Administrators in blue logo
MenuMENU
SearchSEARCH

TrueCar Sees Sales Pacing at 14.5 Million in March

March 29, 2012
2 min to read


SANTA MONICA - TrueCar predicted Tuesday that new light-vehicle sales in March will increase 13.7 percent from the year-ago period to 1.417 million units. Not including fleet vehicles, the vehicle-marketing site expects sales to increase 14.3 percent from a year ago.


Jesse Toprak, vice president of market intelligence, said he expects several vehicle makers to realize record gains this month, with Hyundai, Nissan and Volkswagen expected to lead the way. “We also forecast that Chrysler, Ford, General Motors, Honda and Toyota will have an extremely strong month, with some of the highest unit sales in years,” Toprak said. “Due to a stronger-than-expected recovery, we’ve increased our sales forecast another 3.6 percent, from 14 million unit sales to 14.5 million unit sales in 2012.”

Ad Loading...


General Motors is expected to record the highest gain in unit sales for the month, Toprak added, with sales expected to increase 20.9 percent to 249,887 units. He added that Volkswagen should record the highest percentage change, about a 33.1 percent change since March 2011.


Fleet and rental sales are expected to account for 19.5 percent of total industry sales for the month, Toprak added.


Kristen Andersson, senior analyst at TrueCar, noted that manufactures are one of the reasons for the sales pickup, introducing attractive offers to pull skittish consumers off the sidelines. “Automakers have hit the sweet spot this month with lowered incentives and double digit sales increases, which signifies the underlying strength in consumer demand,” she said.

More Industry

F&Iby Lauren LawrenceFebruary 25, 2026

Report Finds Year-End F&I Strength

Deal volume ebbed and flowed throughout 2025, but product performance remained steady, according to automotive technology and data intelligence solutions provider StoneEagle.

Read More →
Industryby Lauren LawrenceFebruary 24, 2026

China Leads Battery Production

Between 2020 and 2025, gigafactory capacity grew six-fold and is set to grow another 118% by 2030, according Benchmark data.

Read More →
Industryby Hannah MitchellFebruary 24, 2026

Overall Consumer Confidence Up

Americans’ view of present business conditions, the labor market and family finances, though, are still in the dumps, and if they plan to buy cars, many target used units.

Read More →
Ad Loading...
Auto Financeby Lauren LawrenceFebruary 23, 2026

Auto Loan Forecast Bucks Market Trend

Auto loan originations rose over 6% year-over-year in the third quarter of 2025, but TransUnion predicts a slight decline in auto loan growth this year, making it an outlier in the company's overall lending forecast.

Read More →
F&Iby Hannah MitchellFebruary 23, 2026

Some Auto Brands Cheaper to Insure

A new top 10 list ranks the least expensive for average full insurance coverage on a clean driving record and high driver credit scores.

Read More →
Industryby StaffFebruary 20, 2026

Learn to Manage the Mayhem at Agent Summit

Rob Mancuso – president of Mancuso Automotive – will present a Keynote at the 2026 event.

Read More →
Ad Loading...
Industryby Lauren LawrenceFebruary 19, 2026

Affordability Leads Top-Rated List

Edmunds’ editorial team tested 300-plus vehicles to help determine the Top Rated Awards for 2026, and one brand stood out with multiple rankings, including Best of the Best.

Read More →
Salesby Hannah MitchellFebruary 19, 2026

Auto Sales Still Sluggish

February forecast has new-vehicle deliveries still off from last year at this time amid high prices and vanished EV incentives. But J.D. Power sees business picking up from here as automakers target growth.

Read More →
Industryby Hannah MitchellFebruary 18, 2026

EVs Bring Most Satisfaction to Date

Study finds that adopters are true believers and that their satisfaction with the vehicles is growing, including for public charger experience, despite pullback of federal incentives.

Read More →
Ad Loading...
Industryby Lauren LawrenceFebruary 17, 2026

Auto Manufacturing Drives Economic Growth

The sector generates over $64 billion in annual economic impact in South Carolina, making it the largest and fastest-growing manufacturing subsector in the state.

Read More →