TrueCar, Inc. projects that total retail sales for Q4 are
expected to be up 0.6% from last year when adjusted for the same
number of selling days and up 34.2% from Q3 when adjusted for the
same number of selling days.
Total new vehicle sales will reach 1,605,101 units
in December 2020, down 6.5% from a year ago, when adjusted for the
same number of selling days. This month’s seasonally adjusted
annualized rate (SAAR) for total light vehicle sales is an
estimated 16.2 million units. Excluding fleet sales, TrueCar
expects US retail deliveries of new cars and light trucks to be
1,428,094 units, a decrease of 2.2% from a year ago, when adjusted
for the same number of selling days.
Average transaction price (ATP) is projected to be up 5.3% or
$1,950 from a year ago and up 2.6% or $988 from November 2020,
setting an all-time record as the figure ticks closer to $40,000.
TrueCar projects that US revenue from new vehicle sales will reach
more than $62 billion for December 2020, up 10.2% (based on a
non-adjusted daily selling rate) from a year ago and up 35.6% from
last month.
“In the final days of 2020, we can finally look in the rearview
mirror and appreciate the tremendous recovery that the automotive
industry has made since the pandemic derailed auto sales in March.
Retail vehicle sales have nearly reached normal levels with sales
down only 2.2% from last year, which is a truly impressive
outcome,” said Nick Woolard, Director of OEM Analytics
at TrueCar. “The momentum from a strong third quarter carried
into the fourth quarter and solidified the industry’s comeback.
Production and inventory have gone back up in the fourth quarter
and, as a result, retail sales are up 34%
quarter-over-quarter.”
Total new vehicle sales are forecasted to reach 14.6M, down 15%
year-over-year for 2020 and new vehicle retail sales are forecasted
to reach 12.7M, down 8% compared with 2019. Used vehicle sales are
forecasted to reach 38.4M for 2020, down 6% year-over-year.
Insights from TrueCar’s end-of-year forecast by
brand:
- Three brands increased volume in 2020 (Tesla, Volvo, and Alfa
Romeo) --- all luxury brands.
- Volvo moved up the most in the rankings, up four places from 27
to 23.
- Tesla, Lexus, Mercedes-Benz, and Lincoln each moved up two
spots.
- Tesla surpassed Audi sales to become the #4 luxury brand.
“Luxury vehicle sales were an unexpected sales story for 2020,
with higher-income Americans, some of whom were not as financially
impacted by the pandemic, delivering strong luxury vehicle
purchases this year,” added Woolard. “Brands such as Tesla, Volvo,
and Alfa Romeo increased their volume year-over-year, and even
Lamborghini broke sales records in 2020.”
Additional Insights: (forecast
by TrueCar)
- Total retail sales for December 2020 are expected to be down
2.2% from a year ago and up 6% from November 2020 when adjusted for
the same number of selling days.
- Fleet sales for December 2020 are expected to be down 31.3%
from a year ago and up 34.3% from November 2020 when adjusted for
the same number of selling days.
- Average transaction price is projected to be up 5.3% or $1,950
from a year ago and up 2.6% or $988 from November 2020.
- Total SAAR is expected to decrease 4.4% from a year ago from
16.9 million units to 16.2 million units.
- Used vehicle sales for December 2020 are expected to reach 3.1
million, up 6% from a year ago and up 7% from November 2020.
- The average interest rate on new vehicles is 5.5% and the
average interest rate on used vehicles is 8.0%.
“Average transaction price has continued to increase
month-over-month this year and set a record in December, with the
average new vehicle in the US costing $38,979. This is a notable
increase of almost $1,000 from last month,” said Alain Nana-Sinkam,
Vice President of Strategic Initiatives at TrueCar. “New vehicle
buyers are gravitating toward luxury brands such as Porsche, Audi,
BMW, and Mercedes. These brands are experiencing some of the
biggest increases in their average transaction price
month-over-month.”
Quarterly Insights: (forecast by
TrueCar)
- Total unit sales for Q4 are expected to be down 3.8% from last
year when adjusted for the same number of selling days and up 4.5%
from Q3 when adjusted for the same number of selling days.
- Total retail sales for Q4 are expected to be up 0.6% from last
year when adjusted for the same number of selling days and up 34.2%
from Q3 when adjusted for the same number of selling days.
December 2020 forecasts for the 13 largest manufacturers
by volume. For additional data, visit the
TrueCar Newsroom.
Total Unit Sales
Manufacturer |
Dec 2020 Forecast |
Dec 2019 Actual |
Nov 2020 Actual |
YoY % Change |
YoY % Change (Daily Selling
Rate) |
MoM % Change |
MoM % Change (Daily Selling Rate) |
BMW |
41,727 |
38,159 |
31,005 |
9.4 |
% |
-2.4 |
% |
34.6 |
% |
10.5 |
% |
Daimler |
28,568 |
35,279 |
29,580 |
-19.0 |
% |
-27.7 |
% |
-3.4 |
% |
-20.7 |
% |
FCA |
198,108 |
191,075 |
137,913 |
3.7 |
% |
-7.4 |
% |
43.6 |
% |
18.0 |
% |
Ford |
197,476 |
216,439 |
148,816 |
-8.8 |
% |
-18.5 |
% |
32.7 |
% |
9.0 |
% |
GM |
306,843 |
277,640 |
212,415 |
10.5 |
% |
-1.3 |
% |
44.5 |
% |
18.7 |
% |
Honda |
133,574 |
136,566 |
102,614 |
-2.2 |
% |
-12.7 |
% |
30.2 |
% |
6.9 |
% |
Hyundai |
69,174 |
66,945 |
56,106 |
3.3 |
% |
-7.7 |
% |
23.3 |
% |
1.3 |
% |
Kia |
54,813 |
51,229 |
47,897 |
7.0 |
% |
-4.5 |
% |
14.4 |
% |
-6.0 |
% |
Nissan |
100,925 |
104,781 |
72,816 |
-3.7 |
% |
-14.0 |
% |
38.6 |
% |
13.9 |
% |
Subaru |
63,675 |
62,364 |
50,413 |
2.1 |
% |
-8.8 |
% |
26.3 |
% |
3.8 |
% |
Tesla |
35,197 |
23,300 |
21,650 |
51.1 |
% |
34.9 |
% |
62.6 |
% |
33.5 |
% |
Toyota |
250,877 |
207,373 |
205,523 |
21.0 |
% |
8.0 |
% |
22.1 |
% |
0.3 |
% |
Volkswagen Group |
61,962 |
58,816 |
51,397 |
5.3 |
% |
-5.9 |
% |
20.6 |
% |
-1.0 |
% |
Industry |
1,605,101 |
1,533,555 |
1,214,891 |
4.7 |
% |
-6.5 |
% |
32.1 |
% |
8.5 |
% |
Retail Unit Sales
Manufacturer |
Dec 2020 Forecast |
Dec 2019 Actual |
Nov 2020 Actual |
YoY % Change |
YoY % Change (Daily Selling
Rate) |
MoM % Change |
MoM % Change (Daily Selling Rate) |
BMW |
40,991 |
35,290 |
30,030 |
16.2 |
% |
3.7 |
% |
36.5 |
% |
12.1 |
% |
Daimler |
27,984 |
32,707 |
28,753 |
-14.4 |
% |
-23.6 |
% |
-2.7 |
% |
-20.1 |
% |
FCA |
164,000 |
147,745 |
121,785 |
11.0 |
% |
-0.9 |
% |
34.7 |
% |
10.6 |
% |
Ford |
161,082 |
162,750 |
116,827 |
-1.0 |
% |
-11.6 |
% |
37.9 |
% |
13.3 |
% |
GM |
266,528 |
213,566 |
185,323 |
24.8 |
% |
11.4 |
% |
43.8 |
% |
18.1 |
% |
Honda |
133,016 |
135,438 |
102,141 |
-1.8 |
% |
-12.3 |
% |
30.2 |
% |
7.0 |
% |
Hyundai |
64,361 |
56,015 |
51,118 |
14.9 |
% |
2.6 |
% |
25.9 |
% |
3.4 |
% |
Kia |
52,774 |
47,036 |
46,529 |
12.2 |
% |
0.2 |
% |
13.4 |
% |
-6.8 |
% |
Nissan |
82,780 |
82,846 |
67,602 |
-0.1 |
% |
-10.8 |
% |
22.5 |
% |
0.6 |
% |
Subaru |
61,301 |
59,914 |
49,429 |
2.3 |
% |
-8.6 |
% |
24.0 |
% |
1.9 |
% |
Tesla |
35,185 |
23,300 |
21,636 |
51.0 |
% |
34.8 |
% |
62.6 |
% |
33.6 |
% |
Toyota |
222,844 |
195,176 |
190,235 |
14.2 |
% |
1.9 |
% |
17.1 |
% |
-3.8 |
% |
Volkswagen Group |
61,009 |
56,137 |
51,189 |
8.7 |
% |
-3.0 |
% |
19.2 |
% |
-2.1 |
% |
Industry |
1,428,094 |
1,303,388 |
1,106,613 |
9.6 |
% |
-2.2 |
% |
29.1 |
% |
6.0 |
% |
Fleet Unit Sales
Manufacturer |
Dec 2020 Forecast |
Dec 2019 Actual |
Nov 2020 Actual |
YoY % Change |
YoY % Change (Daily Selling
Rate) |
MoM % Change |
MoM % Change (Daily Selling Rate) |
BMW |
736 |
2,869 |
975 |
-74.3 |
% |
-77.1 |
% |
-24.5 |
% |
-38.0 |
% |
Daimler |
584 |
2,572 |
827 |
-77.3 |
% |
-79.7 |
% |
-29.4 |
% |
-42.0 |
% |
FCA |
34,108 |
43,330 |
16,128 |
-21.3 |
% |
-29.7 |
% |
111.5 |
% |
73.7 |
% |
Ford |
36,394 |
53,689 |
31,989 |
-32.2 |
% |
-39.5 |
% |
13.8 |
% |
-6.5 |
% |
GM |
40,315 |
64,074 |
27,092 |
-37.1 |
% |
-43.8 |
% |
48.8 |
% |
22.2 |
% |
Honda |
558 |
1,128 |
473 |
-50.5 |
% |
-55.8 |
% |
18.0 |
% |
-3.1 |
% |
Hyundai |
4,813 |
10,930 |
4,988 |
-56.0 |
% |
-60.7 |
% |
-3.5 |
% |
-20.7 |
% |
Kia |
2,039 |
4,193 |
1,368 |
-51.4 |
% |
-56.6 |
% |
49.0 |
% |
22.4 |
% |
Nissan |
18,145 |
21,935 |
5,214 |
-17.3 |
% |
-26.1 |
% |
248.0 |
% |
185.9 |
% |
Subaru |
2,374 |
2,450 |
984 |
-3.1 |
% |
-13.5 |
% |
141.3 |
% |
98.2 |
% |
Tesla |
12 |
- |
14 |
- |
|
- |
|
-14.3 |
% |
-29.6 |
% |
Toyota |
28,033 |
12,197 |
15,288 |
129.8 |
% |
105.2 |
% |
83.4 |
% |
50.6 |
% |
Volkswagen Group |
953 |
2,679 |
208 |
-64.4 |
% |
-68.2 |
% |
358.2 |
% |
276.4 |
% |
Industry |
177,008 |
230,167 |
108,278 |
-23.1 |
% |
-31.3 |
% |
63.5 |
% |
34.3 |
% |
Fleet Penetration
Manufacturer |
Dec 2020 Forecast |
Dec 2019 Actual |
Nov 2020 Actual |
YoY % Change |
MoM % Change |
BMW |
1.8 |
% |
7.5 |
% |
3.1 |
% |
-76.5 |
% |
-43.9 |
% |
Daimler |
2.0 |
% |
7.3 |
% |
2.8 |
% |
-72.0 |
% |
-26.9 |
% |
FCA |
17.2 |
% |
22.7 |
% |
11.7 |
% |
-24.1 |
% |
47.2 |
% |
Ford |
18.4 |
% |
24.8 |
% |
21.5 |
% |
-25.7 |
% |
-14.3 |
% |
GM |
13.1 |
% |
23.1 |
% |
12.8 |
% |
-43.1 |
% |
3.0 |
% |
Honda |
0.4 |
% |
0.8 |
% |
0.5 |
% |
-49.4 |
% |
-9.4 |
% |
Hyundai |
7.0 |
% |
16.3 |
% |
8.9 |
% |
-57.4 |
% |
-21.7 |
% |
Kia |
3.7 |
% |
8.2 |
% |
2.9 |
% |
-54.6 |
% |
30.2 |
% |
Nissan |
18.0 |
% |
20.9 |
% |
7.2 |
% |
-14.1 |
% |
151.1 |
% |
Subaru |
3.7 |
% |
3.9 |
% |
2.0 |
% |
-5.1 |
% |
91.0 |
% |
Tesla |
0.0 |
% |
0.0 |
% |
0.1 |
% |
- |
|
-47.3 |
% |
Toyota |
11.2 |
% |
5.9 |
% |
7.4 |
% |
90.0 |
% |
50.2 |
% |
Volkswagen Group |
1.5 |
% |
4.6 |
% |
0.4 |
% |
-66.2 |
% |
280.1 |
% |
Industry |
11.0 |
% |
15.0 |
% |
8.9 |
% |
-26.5 |
% |
23.7 |
% |
Total Market Share
Manufacturer |
Dec 2020 Forecast |
Dec 2019 Actual |
Nov 2020 Actual |
BMW |
2.6 |
% |
2.5 |
% |
2.6 |
% |
Daimler |
1.8 |
% |
2.3 |
% |
2.4 |
% |
FCA |
12.3 |
% |
12.5 |
% |
11.4 |
% |
Ford |
12.3 |
% |
14.1 |
% |
12.2 |
% |
GM |
19.1 |
% |
18.1 |
% |
17.5 |
% |
Honda |
8.3 |
% |
8.9 |
% |
8.4 |
% |
Hyundai |
4.3 |
% |
4.4 |
% |
4.6 |
% |
Kia |
3.4 |
% |
3.3 |
% |
3.9 |
% |
Nissan |
6.3 |
% |
6.8 |
% |
6.0 |
% |
Subaru |
4.0 |
% |
4.1 |
% |
4.1 |
% |
Tesla |
2.2 |
% |
1.5 |
% |
1.8 |
% |
Toyota |
15.6 |
% |
13.5 |
% |
16.9 |
% |
Volkswagen Group |
3.9 |
% |
3.8 |
% |
4.2 |
% |
Retail Market Share
Manufacturer |
Dec 2020 Forecast |
Dec 2019 Actual |
Nov 2020 Actual |
BMW |
2.9 |
% |
2.7 |
% |
2.7 |
% |
Daimler |
2.0 |
% |
2.5 |
% |
2.6 |
% |
FCA |
11.5 |
% |
11.3 |
% |
11.0 |
% |
Ford |
11.3 |
% |
12.5 |
% |
10.6 |
% |
GM |
18.7 |
% |
16.4 |
% |
16.7 |
% |
Honda |
9.3 |
% |
10.4 |
% |
9.2 |
% |
Hyundai |
4.5 |
% |
4.3 |
% |
4.6 |
% |
Kia |
3.7 |
% |
3.6 |
% |
4.2 |
% |
Nissan |
5.8 |
% |
6.4 |
% |
6.1 |
% |
Subaru |
4.3 |
% |
4.6 |
% |
4.5 |
% |
Tesla |
2.5 |
% |
1.8 |
% |
2.0 |
% |
Toyota |
15.6 |
% |
15.0 |
% |
17.2 |
% |
Volkswagen Group |
4.3 |
% |
4.3 |
% |
4.6 |
% |
Average Transaction Price (ATP)
Manufacturer |
Dec 2020 Forecast |
Dec 2019 Actual |
Nov 2020 Actual |
YOY |
MOM |
BMW |
|
$61,779 |
|
$58,988 |
|
$59,733 |
4.7 |
% |
3.4 |
% |
Daimler |
|
$60,259 |
|
$57,641 |
|
$57,393 |
4.5 |
% |
5.0 |
% |
FCA |
|
$44,618 |
|
$41,940 |
|
$44,167 |
6.4 |
% |
1.0 |
% |
Ford |
|
$44,750 |
|
$42,785 |
|
$43,840 |
4.6 |
% |
2.1 |
% |
GM |
|
$44,776 |
|
$41,393 |
|
$43,805 |
8.2 |
% |
2.2 |
% |
Honda |
|
$31,247 |
|
$29,938 |
|
$31,100 |
4.4 |
% |
0.5 |
% |
Hyundai |
|
$29,733 |
|
$26,854 |
|
$29,204 |
10.7 |
% |
1.8 |
% |
Kia |
|
$28,460 |
|
$26,108 |
|
$28,027 |
9.0 |
% |
1.5 |
% |
Nissan |
|
$30,411 |
|
$29,767 |
|
$30,006 |
2.2 |
% |
1.3 |
% |
Subaru |
|
$30,777 |
|
$30,463 |
|
$30,528 |
1.0 |
% |
0.8 |
% |
Toyota |
|
$36,272 |
|
$34,330 |
|
$35,696 |
5.7 |
% |
1.6 |
% |
Volkswagen Group |
|
$45,195 |
|
$43,093 |
|
$43,904 |
4.9 |
% |
2.9 |
% |
Industry |
|
$38,979 |
|
$37,029 |
|
$37,991 |
5.3 |
% |
2.6 |
% |
Incentive Spending
Manufacturer |
Dec 2020 Forecast |
Dec 2019 Actual |
Nov 2020 Actual |
YOY |
MOM |
BMW |
|
$5,774 |
|
$5,901 |
|
$5,211 |
-2.1 |
% |
10.8 |
% |
Daimler |
|
$4,336 |
|
$6,246 |
|
$4,438 |
-30.6 |
% |
-2.3 |
% |
FCA |
|
$4,559 |
|
$5,346 |
|
$4,567 |
-14.7 |
% |
-0.2 |
% |
Ford |
|
$4,914 |
|
$4,952 |
|
$4,449 |
-0.8 |
% |
10.4 |
% |
GM |
|
$4,649 |
|
$5,742 |
|
$4,974 |
-19.0 |
% |
-6.5 |
% |
Honda |
|
$2,750 |
|
$2,615 |
|
$2,460 |
5.2 |
% |
11.8 |
% |
Hyundai |
|
$2,926 |
|
$3,101 |
|
$2,497 |
-5.6 |
% |
17.2 |
% |
Kia |
|
$3,304 |
|
$3,686 |
|
$2,999 |
-10.4 |
% |
10.2 |
% |
Nissan |
|
$4,940 |
|
$4,781 |
|
$4,496 |
3.3 |
% |
9.9 |
% |
Subaru |
|
$1,540 |
|
$1,244 |
|
$1,505 |
23.8 |
% |
2.3 |
% |
Toyota |
|
$3,027 |
|
$2,854 |
|
$2,690 |
6.1 |
% |
12.5 |
% |
Volkswagen Group |
|
$4,554 |
|
$4,896 |
|
$4,263 |
-7.0 |
% |
6.8 |
% |
Industry |
|
$3,991 |
|
$4,309 |
|
$3,783 |
-7.4 |
% |
5.5 |
% |
Incentives as a Percentage of Average Transaction Price
(ATP)
Manufacturer |
Dec 2020 Forecast |
Dec 2019 Actual |
Nov 2020 Actual |
YOY |
MOM |
BMW |
9.3 |
% |
10.0 |
% |
8.7 |
% |
-6.6 |
% |
7.1 |
% |
Daimler |
7.2 |
% |
10.8 |
% |
7.7 |
% |
-33.6 |
% |
-6.9 |
% |
FCA |
10.2 |
% |
12.7 |
% |
10.3 |
% |
-19.8 |
% |
-1.2 |
% |
Ford |
11.0 |
% |
11.6 |
% |
10.1 |
% |
-5.1 |
% |
8.2 |
% |
GM |
10.4 |
% |
13.9 |
% |
11.4 |
% |
-25.1 |
% |
-8.6 |
% |
Honda |
8.8 |
% |
8.7 |
% |
7.9 |
% |
0.8 |
% |
11.3 |
% |
Hyundai |
9.8 |
% |
11.5 |
% |
8.5 |
% |
-14.8 |
% |
15.1 |
% |
Kia |
11.6 |
% |
14.1 |
% |
10.7 |
% |
-17.8 |
% |
8.5 |
% |
Nissan |
16.2 |
% |
16.1 |
% |
15.0 |
% |
1.1 |
% |
8.4 |
% |
Subaru |
5.0 |
% |
4.1 |
% |
4.9 |
% |
22.5 |
% |
1.5 |
% |
Toyota |
8.3 |
% |
8.3 |
% |
7.5 |
% |
0.4 |
% |
10.7 |
% |
Volkswagen Group |
10.1 |
% |
11.4 |
% |
9.7 |
% |
-11.3 |
% |
3.8 |
% |
Industry |
10.2 |
% |
11.6 |
% |
10.0 |
% |
-12.0 |
% |
2.8 |
% |
Quarterly Tables
Total Unit Sales, Quarterly
Manufacturer |
Q4 2020 |
Q4 2019 |
Q3 2020 |
YoY % Change |
YoY % Change (Daily Selling
Rate) |
QoQ % Change |
QoQ % Change (Daily Selling Rate) |
BMW |
103,531 |
100,738 |
78,634 |
2.8 |
% |
1.5 |
% |
31.7 |
% |
28.3 |
% |
Daimler |
87,230 |
104,672 |
72,868 |
-16.7 |
% |
-17.7 |
% |
19.7 |
% |
16.7 |
% |
FCA |
496,197 |
545,693 |
504,058 |
-9.1 |
% |
-10.2 |
% |
-1.6 |
% |
-4.1 |
% |
Ford |
528,112 |
598,728 |
549,134 |
-11.8 |
% |
-12.9 |
% |
-3.8 |
% |
-6.3 |
% |
GM |
778,751 |
732,618 |
662,143 |
6.3 |
% |
5.0 |
% |
17.6 |
% |
14.6 |
% |
Honda |
363,175 |
401,961 |
388,433 |
-9.6 |
% |
-10.8 |
% |
-6.5 |
% |
-8.9 |
% |
Hyundai |
183,729 |
188,742 |
174,573 |
-2.7 |
% |
-3.9 |
% |
5.2 |
% |
2.6 |
% |
Kia |
158,804 |
151,740 |
165,013 |
4.7 |
% |
3.3 |
% |
-3.8 |
% |
-6.2 |
% |
Nissan |
245,420 |
301,291 |
221,150 |
-18.5 |
% |
-19.6 |
% |
11.0 |
% |
8.2 |
% |
Subaru |
175,499 |
174,788 |
169,446 |
0.4 |
% |
-0.9 |
% |
3.6 |
% |
1.0 |
% |
Tesla |
47,064 |
53,750 |
55,700 |
-12.4 |
% |
-13.5 |
% |
-15.5 |
% |
-17.6 |
% |
Toyota |
660,336 |
604,017 |
558,449 |
9.3 |
% |
7.9 |
% |
18.2 |
% |
15.3 |
% |
Volkswagen Group |
164,463 |
167,745 |
147,880 |
-2.0 |
% |
-3.2 |
% |
11.2 |
% |
8.4 |
% |
Industry |
4,181,850 |
4,290,911 |
3,898,745 |
-2.5 |
% |
-3.8 |
% |
7.3 |
% |
4.5 |
% |
Retail Unit Sales, Quarterly
Manufacturer |
Q4 2020 |
Q4 2019 |
Q3 2020 |
YoY % Change |
YoY % Change (Daily Selling
Rate) |
QoQ % Change |
QoQ % Change (Daily Selling Rate) |
BMW |
101,705 |
92,484 |
51,760 |
10.0 |
% |
8.6 |
% |
96.5 |
% |
91.5 |
% |
Daimler |
85,447 |
96,189 |
56,995 |
-11.2 |
% |
-12.3 |
% |
49.9 |
% |
46.1 |
% |
FCA |
410,767 |
415,481 |
322,158 |
-1.1 |
% |
-2.4 |
% |
27.5 |
% |
24.3 |
% |
Ford |
430,783 |
447,712 |
355,210 |
-3.8 |
% |
-5.0 |
% |
21.3 |
% |
18.2 |
% |
GM |
676,434 |
583,040 |
438,178 |
16.0 |
% |
14.5 |
% |
54.4 |
% |
50.5 |
% |
Honda |
361,658 |
398,547 |
290,488 |
-9.3 |
% |
-10.4 |
% |
24.5 |
% |
21.3 |
% |
Hyundai |
170,945 |
155,082 |
141,767 |
10.2 |
% |
8.8 |
% |
20.6 |
% |
17.5 |
% |
Kia |
152,897 |
136,668 |
122,218 |
11.9 |
% |
10.5 |
% |
25.1 |
% |
21.9 |
% |
Nissan |
201,297 |
228,008 |
151,149 |
-11.7 |
% |
-12.8 |
% |
33.2 |
% |
29.8 |
% |
Subaru |
168,956 |
168,684 |
133,709 |
0.2 |
% |
-1.1 |
% |
26.4 |
% |
23.2 |
% |
Tesla |
76,421 |
53,750 |
25,248 |
42.2 |
% |
40.4 |
% |
202.7 |
% |
195.0 |
% |
Toyota |
586,550 |
567,177 |
386,069 |
3.4 |
% |
2.1 |
% |
51.9 |
% |
48.1 |
% |
Volkswagen Group |
161,933 |
162,686 |
114,221 |
-0.5 |
% |
-1.7 |
% |
41.8 |
% |
38.2 |
% |
Industry |
3,720,682 |
3,652,993 |
2,702,199 |
1.9 |
% |
0.6 |
% |
37.7 |
% |
34.2 |
% |
Total Market Share, Quarterly
Manufacturer |
Q4 2020 |
Q4 2019 |
Q3 2020 |
BMW |
2.5 |
% |
2.3 |
% |
2.0 |
% |
Daimler |
2.1 |
% |
2.4 |
% |
1.9 |
% |
FCA |
11.9 |
% |
12.7 |
% |
12.9 |
% |
Ford |
12.6 |
% |
14.0 |
% |
14.1 |
% |
GM |
18.6 |
% |
17.1 |
% |
17.0 |
% |
Honda |
8.7 |
% |
9.4 |
% |
10.0 |
% |
Hyundai |
4.4 |
% |
4.4 |
% |
4.5 |
% |
Kia |
3.8 |
% |
3.5 |
% |
4.2 |
% |
Nissan |
5.9 |
% |
7.0 |
% |
5.7 |
% |
Subaru |
4.2 |
% |
4.1 |
% |
4.3 |
% |
Tesla |
1.1 |
% |
1.3 |
% |
1.4 |
% |
Toyota |
15.8 |
% |
14.1 |
% |
14.3 |
% |
Volkswagen Group |
3.9 |
% |
3.9 |
% |
3.8 |
% |
Retail Market Share, Quarterly
Manufacturer |
Q4 2020 |
Q4 2019 |
Q3 2020 |
BMW |
2.7 |
% |
2.5 |
% |
1.9 |
% |
Daimler |
2.3 |
% |
2.6 |
% |
2.1 |
% |
FCA |
11.0 |
% |
11.4 |
% |
11.9 |
% |
Ford |
11.6 |
% |
12.3 |
% |
13.1 |
% |
GM |
18.2 |
% |
16.0 |
% |
16.2 |
% |
Honda |
9.7 |
% |
10.9 |
% |
10.8 |
% |
Hyundai |
4.6 |
% |
4.2 |
% |
5.2 |
% |
Kia |
4.1 |
% |
3.7 |
% |
4.5 |
% |
Nissan |
5.4 |
% |
6.2 |
% |
5.6 |
% |
Subaru |
4.5 |
% |
4.6 |
% |
4.9 |
% |
Tesla |
2.1 |
% |
1.5 |
% |
0.9 |
% |
Toyota |
15.8 |
% |
15.5 |
% |
14.3 |
% |
Volkswagen Group |
4.4 |
% |
4.5 |
% |
4.2 |
% |
(Note: This forecast is based solely on TrueCar, Inc.'s
analysis of industry sales trends and conditions and is not a
projection of TrueCar, Inc.’s operations.)
About TrueCar
TrueCar is a leading automotive digital marketplace that
enables car buyers to connect to our nationwide network of
Certified Dealers. We are building the industry's most personalized
and efficient car buying experience as we seek to bring more of the
purchasing process online. Consumers who visit our marketplace will
find a suite of vehicle discovery tools, price ratings, and market
context on new and used cars – all with a clear view of what's a
great deal. When they are ready, TrueCar will enable them
to connect with a local Certified Dealer who shares in our belief
that truth, transparency, and fairness are the foundation of a
great car buying experience. As part of our marketplace, TrueCar
powers car-buying programs for over 250 leading brands, including
AARP, Sam’s Club, and American Express. Nearly half of all
new-car buyers engage with TrueCar powered sites, where
they buy smarter and drive happier. TrueCar is
headquartered in Santa Monica, California, with offices
in Austin, Texas, and Boston, Massachusetts.
For more information, please visit www.truecar.com, and
follow us on Facebook or Twitter. TrueCar media
line: +1-844-469-8442 (US toll-free) |
Email: pr@truecar.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/bde61465-7855-4a50-bab6-561da628c7d0
TrueCar PR Contacts:
Shadee Malekafzali
shadee@truecar.com
424.258.8694
Tanya Kohan
tkohan@truecar.com
714.425.6319
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