P&A Providers & Administrators
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

Subwoofer in trunk of car.
Industryby Lauren LawrenceMay 26, 2026

Ownership Priorities are Shifting

A new survey shows that in the U.S. vehicle quality for generation Z is largely defined by advanced safety features, intuitive technology and premium sound systems.

Read More →
Man's hand holding gas pump in fuel tank of white car
Industryby Hannah MitchellMay 26, 2026

Pump Price Jump Calculated

ISeeCars.com examined fuel costs for different power trains, finding which ones have experienced the biggest hits since the war in Iran commenced.

Read More →
Graphic showing previous week's truck and SUV segment prices
Industryby StaffMay 20, 2026

Black Book: Weekly Market Update

Wholesale values fell last week despite the spring season still being in the traditional full-gear mode, analysts said.

Read More →
Ad Loading...
Photo of dealership sign with Toyota logo
Industryby Lauren LawrenceMay 19, 2026

Arkansas Auto Group Acquires First Indiana Rooftop

Performance Brokerage Services represented both the buyer and seller in the sale of Carver Toyota of Columbus by Carlock Automotive Group.

Read More →
Headshot photo of Antonio Filosa, Stellantis CEO
Industryby Hannah MitchellMay 19, 2026

Stellantis to Dive Into U.S. Lending

The multinational maker of Chrysler, Dodge, Jeep, Ram and multiple other brands received conditional approvals for a Utah-based industrial bank.

Read More →
Photo of the rear of a new BMW iX SUV
Industryby Hannah MitchellMay 12, 2026

New-Vehicle Prices Rise

With April sales down, higher prices on in-demand large vehicles helped inflate the overall ATP, though increases were under long-term averages, Cox Automotive reported.

Read More →
Ad Loading...
Graphic of car segments' results the previous week
Industryby StaffMay 12, 2026

Black Book: Weekly Market Update

Last week in the wholesale automotive market proved to be a mixed bag, analysts reported.

Read More →
Graphic of last week's estimated used retail days to turn
Industryby StaffMay 6, 2026

Black Book: Weekly Market Update

Conversion rates were flat last week at 63%, Black Book analysts calculated, as low-mileage and almost-near units outpaced the overall market.

Read More →
cargo ship with vehicles, at dock
Industryby Lauren LawrenceMay 5, 2026

EU Auto Association Urges Action

Trade relations between the European Union and the U.S. are at risk, causing the European Automobile Manufacturers Association to push lawmakers to make a decision.

Read More →
Ad Loading...
two people working on a paper contract together
IndustryMay 1, 2026

Driving into the Super CFC Era

Understanding the risks and benefits of retail accounting and Super CFCs can help you better present options to your dealer partners.

Read More →