SANTA MONICA, Calif.,
Sept. 29, 2021 /PRNewswire/
-- TrueCar, Inc. (NASDAQ: TRUE), the most efficient and
transparent online destination to find a car, forecasts total
new vehicle sales will reach 1,007,396 units in September
2021, down 25% from a year ago and down 8% vs. August 2021, 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 12.2 million,
down 25% from September 2020.
Excluding fleet sales, TrueCar expects U.S. retail
deliveries of new cars and light trucks to be 899,072 units,
down 26% from a year ago and down 8% from August 2021.
"We are starting to see things settle into an equilibrium from a
day's supply standpoint. While new vehicle inventory continues to
decline, we're also seeing sales drop at a similar rate," said
Nick Woolard, Lead Industry Analyst
at TrueCar. "But low sales do not equate to low demand. Paired with
strong demand, low supply continues the trend we have seen since
January of declining incentives and higher prices."
"As the industry continues facing chip shortages, it's no
surprise that most OEMs are seeing a decline in sales. GM in
particular is showing its lowest sales since the start of
Covid-19," said Valeri Tompkins,
Senior Vice President of OEM Solutions at TrueCar.
Additional Insights (forecast by TrueCar):
- Total sales for September 2021
are expected to be down 25% from a year ago and down 8% from
August 2021 when adjusted for the
same number of selling days.
- Fleet sales for September 2021
are expected to be down 19% from a year ago and down 5% from
August 2021 when adjusted for the
same number of selling days.
- Incentive spend is down 42% from last year.
- Average transaction price is projected to be up 8% from a year
ago and up 2.5% from August
2021.
- Total SAAR is expected to be down 25% from a year ago at 12.2
million units.
- Used vehicle sales for September
2021 are expected to reach 3.6 million, up 3% from a year
ago and down 2% from August
2021.
- The average interest rate on new vehicles is 4.3% and the
average interest rate on used vehicles is 7.3%.
- The average loan term on a new vehicle for September 2021 is 70 months and likewise the
average loan term on a used vehicle is also 70 months.
Total Unit Sales
|
|
|
Manufacturer
|
Sep 2021
Forecast
|
Sep 2020
Actual
|
Aug 2021
Actual
|
YoY %
Change
|
YoY % Change
(Daily Selling Rate)
|
MoM %
Change
|
MoM %
Change
(Daily Selling Rate)
|
BMW
|
29,676
|
31,031
|
27,602
|
-4.4%
|
-4.4%
|
7.5%
|
7.5%
|
Daimler
|
16,109
|
22,052
|
20,351
|
-27.0%
|
-27.0%
|
-20.8%
|
-20.8%
|
Ford
|
145,793
|
189,375
|
123,343
|
-23.0%
|
-23.0%
|
18.2%
|
18.2%
|
GM
|
109,203
|
238,542
|
134,407
|
-54.2%
|
-54.2%
|
-18.8%
|
-18.8%
|
Honda
|
107,773
|
127,058
|
114,656
|
-15.2%
|
-15.2%
|
-6.0%
|
-6.0%
|
Hyundai
|
61,206
|
55,918
|
61,175
|
9.5%
|
9.5%
|
0.1%
|
0.1%
|
Kia
|
50,916
|
55,519
|
54,009
|
-8.3%
|
-8.3%
|
-5.7%
|
-5.7%
|
Nissan
|
53,179
|
73,854
|
67,317
|
-28.0%
|
-28.0%
|
-21.0%
|
-21.0%
|
Stellantis
|
127,773
|
178,807
|
137,926
|
-28.5%
|
-28.5%
|
-7.4%
|
-7.4%
|
Subaru
|
40,242
|
60,103
|
49,373
|
-33.0%
|
-33.0%
|
-18.5%
|
-18.5%
|
Tesla
|
23,603
|
20,900
|
23,140
|
12.9%
|
12.9%
|
2.0%
|
2.0%
|
Toyota
|
158,156
|
199,126
|
188,585
|
-20.6%
|
-20.6%
|
-16.1%
|
-16.1%
|
Volkswagen
Group
|
36,440
|
50,482
|
42,704
|
-27.8%
|
-27.8%
|
-14.7%
|
-14.7%
|
Industry
|
1,007,396
|
1,351,643
|
1,095,323
|
-25.5%
|
-25.5%
|
-8.0%
|
-8.0%
|
Retail Unit Sales
|
|
|
Manufacturer
|
Sep 2021
Forecast
|
Sep 2020
Actual
|
Aug 2021
Actual
|
YoY %
Change
|
YoY % Change
(Daily Selling Rate)
|
MoM %
Change
|
MoM %
Change
(Daily Selling Rate)
|
BMW
|
29,111
|
30,518
|
27,136
|
-4.6%
|
-4.6%
|
7.3%
|
7.3%
|
Daimler
|
15,063
|
21,347
|
19,935
|
-29.4%
|
-29.4%
|
-24.4%
|
-24.4%
|
Ford
|
112,039
|
151,492
|
100,159
|
-26.0%
|
-26.0%
|
11.9%
|
11.9%
|
GM
|
95,593
|
204,032
|
116,949
|
-53.1%
|
-53.1%
|
-18.3%
|
-18.3%
|
Honda
|
106,746
|
126,457
|
114,177
|
-15.6%
|
-15.6%
|
-6.5%
|
-6.5%
|
Hyundai
|
57,256
|
48,426
|
56,590
|
18.2%
|
18.2%
|
1.2%
|
1.2%
|
Kia
|
45,686
|
50,554
|
52,000
|
-9.6%
|
-9.6%
|
-12.1%
|
-12.1%
|
Nissan
|
48,252
|
69,591
|
55,652
|
-30.7%
|
-30.7%
|
-13.3%
|
-13.3%
|
Stellantis
|
105,499
|
149,675
|
115,313
|
-29.5%
|
-29.5%
|
-8.5%
|
-8.5%
|
Subaru
|
40,037
|
59,292
|
47,532
|
-32.5%
|
-32.5%
|
-15.8%
|
-15.8%
|
Tesla
|
23,438
|
20,900
|
23,132
|
12.1%
|
12.1%
|
1.3%
|
1.3%
|
Toyota
|
144,157
|
189,713
|
166,955
|
-24.0%
|
-24.0%
|
-13.7%
|
-13.7%
|
Volkswagen
Group
|
35,652
|
50,061
|
42,093
|
-28.8%
|
-28.8%
|
-15.3%
|
-15.3%
|
Industry
|
899,072
|
1,217,935
|
981,187
|
-26.2%
|
-26.2%
|
-8.4%
|
-8.4%
|
Fleet Unit
Sales
|
|
|
Manufacturer
|
Sep 2021
Forecast
|
Sep 2020
Actual
|
Aug 2021
Actual
|
YoY %
Change
|
YoY % Change
(Daily Selling Rate)
|
MoM %
Change
|
MoM %
Change
(Daily Selling Rate)
|
BMW
|
565
|
513
|
466
|
10.2%
|
10.2%
|
21.2%
|
21.2%
|
Daimler
|
1,046
|
705
|
416
|
48.4%
|
48.4%
|
151.3%
|
151.3%
|
Ford
|
33,754
|
37,883
|
23,184
|
-10.9%
|
-10.9%
|
45.6%
|
45.6%
|
GM
|
13,610
|
34,510
|
17,458
|
-60.6%
|
-60.6%
|
-22.0%
|
-22.0%
|
Honda
|
1,028
|
601
|
479
|
71.0%
|
71.0%
|
114.7%
|
114.7%
|
Hyundai
|
3,950
|
7,492
|
4,585
|
-47.3%
|
-47.3%
|
-13.8%
|
-13.8%
|
Kia
|
5,230
|
4,965
|
2,009
|
5.3%
|
5.3%
|
160.3%
|
160.3%
|
Nissan
|
4,927
|
4,263
|
11,665
|
15.6%
|
15.6%
|
-57.8%
|
-57.8%
|
Stellantis
|
22,274
|
29,132
|
22,613
|
-23.5%
|
-23.5%
|
-1.5%
|
-1.5%
|
Subaru
|
205
|
811
|
1,841
|
-74.7%
|
-74.7%
|
-88.9%
|
-88.9%
|
Tesla
|
165
|
-
|
8
|
|
|
1991.4%
|
1991.4%
|
Toyota
|
13,999
|
9,413
|
21,630
|
48.7%
|
48.7%
|
-35.3%
|
-35.3%
|
Volkswagen
Group
|
789
|
421
|
611
|
87.3%
|
87.3%
|
29.1%
|
29.1%
|
Industry
|
108,324
|
133,708
|
114,136
|
-19.0%
|
-19.0%
|
-5.1%
|
-5.1%
|
Fleet
Penetration
|
Manufacturer
|
Sep 2021
Forecast
|
Sep 2020
Actual
|
Aug 2021
Actual
|
YoY %
Change
|
MoM %
Change
|
BMW
|
1.9%
|
1.7%
|
1.7%
|
15.2%
|
12.8%
|
Daimler
|
6.5%
|
3.2%
|
2.0%
|
103.1%
|
217.5%
|
Ford
|
23.2%
|
20.0%
|
18.8%
|
15.7%
|
23.2%
|
GM
|
12.5%
|
14.5%
|
13.0%
|
-13.9%
|
-4.1%
|
Honda
|
1.0%
|
0.5%
|
0.4%
|
101.5%
|
128.4%
|
Hyundai
|
6.5%
|
13.4%
|
7.5%
|
-51.8%
|
-13.9%
|
Kia
|
10.3%
|
8.9%
|
3.7%
|
14.9%
|
176.1%
|
Nissan
|
9.3%
|
5.8%
|
17.3%
|
60.5%
|
-46.5%
|
Stellantis
|
17.4%
|
16.3%
|
16.4%
|
7.0%
|
6.3%
|
Subaru
|
0.5%
|
1.3%
|
3.7%
|
-62.3%
|
-86.3%
|
Tesla
|
0.7%
|
0.0%
|
0.0%
|
|
1950.4%
|
Toyota
|
8.9%
|
4.7%
|
11.5%
|
87.2%
|
-22.8%
|
Volkswagen
Group
|
2.2%
|
0.8%
|
1.4%
|
159.5%
|
51.2%
|
Industry
|
10.8%
|
9.9%
|
10.4%
|
8.7%
|
3.2%
|
Total Market
Share
|
Manufacturer
|
Sep 2021
Forecast
|
Sep 2020
Actual
|
Aug 2021
Actual
|
BMW
|
2.9%
|
2.3%
|
2.5%
|
Daimler
|
1.6%
|
1.6%
|
1.9%
|
Ford
|
14.5%
|
14.0%
|
11.3%
|
GM
|
10.8%
|
17.6%
|
12.3%
|
Honda
|
10.7%
|
9.4%
|
10.5%
|
Hyundai
|
6.1%
|
4.1%
|
5.6%
|
Kia
|
5.1%
|
4.1%
|
4.9%
|
Nissan
|
5.3%
|
5.5%
|
6.1%
|
Stellantis
|
12.7%
|
13.2%
|
12.6%
|
Subaru
|
4.0%
|
4.4%
|
4.5%
|
Tesla
|
2.3%
|
1.5%
|
2.1%
|
Toyota
|
15.7%
|
14.7%
|
17.2%
|
Volkswagen
Group
|
3.6%
|
3.7%
|
3.9%
|
|
95.3%
|
96.4%
|
95.4%
|
Retail Market
Share
|
Manufacturer
|
Sep 2021
Forecast
|
Sep 2020
Actual
|
Aug 2021
Actual
|
BMW
|
3.2%
|
2.5%
|
2.8%
|
Daimler
|
1.7%
|
1.8%
|
2.0%
|
Ford
|
12.5%
|
12.4%
|
10.2%
|
GM
|
10.6%
|
16.8%
|
11.9%
|
Honda
|
11.9%
|
10.4%
|
11.6%
|
Hyundai
|
6.4%
|
4.0%
|
5.8%
|
Kia
|
5.1%
|
4.2%
|
5.3%
|
Nissan
|
5.4%
|
5.7%
|
5.7%
|
Stellantis
|
11.7%
|
12.3%
|
11.8%
|
Subaru
|
4.5%
|
4.9%
|
4.8%
|
Tesla
|
2.6%
|
1.7%
|
2.4%
|
Toyota
|
16.0%
|
15.6%
|
17.0%
|
Volkswagen
Group
|
4.0%
|
4.1%
|
4.3%
|
|
95.5%
|
96.2%
|
95.6%
|
ATP
|
|
|
Manufacturer
|
Sep 2021
Forecast
|
Sep 2020
Actual
|
Aug 2021
Actual
|
YOY
|
MOM
|
BMW
|
$61,391
|
$59,926
|
$59,670
|
2.4%
|
2.9%
|
Daimler
|
$64,782
|
$58,399
|
$66,211
|
10.9%
|
-2.2%
|
Ford
|
$47,532
|
$43,151
|
$47,301
|
10.2%
|
0.5%
|
GM
|
$46,722
|
$41,812
|
$44,654
|
11.7%
|
4.6%
|
Honda
|
$32,223
|
$30,266
|
$31,581
|
6.5%
|
2.0%
|
Hyundai
|
$33,488
|
$29,602
|
$32,421
|
13.1%
|
3.3%
|
Kia
|
$28,717
|
$26,970
|
$27,824
|
6.5%
|
3.2%
|
Nissan
|
$31,594
|
$28,393
|
$31,322
|
11.3%
|
0.9%
|
Stellantis
|
$48,079
|
$43,238
|
$47,189
|
11.2%
|
1.9%
|
Subaru
|
$30,293
|
$29,860
|
$31,139
|
1.5%
|
-2.7%
|
Toyota
|
$36,772
|
$34,014
|
$35,489
|
8.1%
|
3.6%
|
Volkswagen
Group
|
$39,733
|
$40,121
|
$40,696
|
-1.0%
|
-2.4%
|
Industry
|
$39,540
|
$36,710
|
$38,580
|
7.7%
|
2.5%
|
|
$2,830
|
|
$960
|
|
|
Incentives
|
|
|
Manufacturer
|
Sep 2021
Forecast
|
Sep 2020
Actual
|
Aug 2021
Actual
|
YOY
|
MOM
|
BMW
|
$3,246
|
$5,120
|
$4,142
|
-36.6%
|
-21.6%
|
Daimler
|
$3,039
|
$5,715
|
$3,086
|
-46.8%
|
-1.5%
|
Ford
|
$2,850
|
$4,539
|
$2,381
|
-37.2%
|
19.7%
|
GM
|
$2,314
|
$5,438
|
$2,894
|
-57.4%
|
-20.0%
|
Honda
|
$1,940
|
$2,468
|
$1,987
|
-21.4%
|
-2.4%
|
Hyundai
|
$1,310
|
$2,708
|
$1,481
|
-51.6%
|
-11.5%
|
Kia
|
$2,169
|
$2,991
|
$2,236
|
-27.5%
|
-3.0%
|
Nissan
|
$2,500
|
$4,491
|
$2,474
|
-44.3%
|
1.1%
|
Stellantis
|
$2,987
|
$5,079
|
$2,970
|
-41.2%
|
0.6%
|
Subaru
|
$1,420
|
$1,844
|
$1,329
|
-23.0%
|
6.8%
|
Toyota
|
$1,883
|
$2,705
|
$2,145
|
-30.4%
|
-12.2%
|
Volkswagen
Group
|
$2,690
|
$4,311
|
$2,763
|
-37.6%
|
-2.6%
|
Industry
|
$2,326
|
$4,028
|
$2,422
|
-42.3%
|
-4.0%
|
|
-$1,703
|
|
-$96
|
|
|
Incentives as % of
ATP
|
|
|
Manufacturer
|
Sep 2021
Forecast
|
Sep 2020
Actual
|
Aug 2021
Actual
|
YOY
|
MOM
|
BMW
|
5.3%
|
8.5%
|
6.9%
|
-38.1%
|
-23.8%
|
Daimler
|
4.7%
|
9.8%
|
4.7%
|
-52.1%
|
0.7%
|
Ford
|
6.0%
|
10.5%
|
5.0%
|
-43.0%
|
19.1%
|
GM
|
5.0%
|
13.0%
|
6.5%
|
-61.9%
|
-23.6%
|
Honda
|
6.0%
|
8.2%
|
6.3%
|
-26.2%
|
-4.3%
|
Hyundai
|
3.9%
|
9.1%
|
4.6%
|
-57.2%
|
-14.4%
|
Kia
|
7.6%
|
11.1%
|
8.0%
|
-31.9%
|
-6.0%
|
Nissan
|
7.9%
|
15.8%
|
7.9%
|
-50.0%
|
0.2%
|
Stellantis
|
6.2%
|
11.7%
|
6.3%
|
-47.1%
|
-1.3%
|
Subaru
|
4.7%
|
6.2%
|
4.3%
|
-24.1%
|
9.8%
|
Toyota
|
5.1%
|
8.0%
|
6.0%
|
-35.6%
|
-15.3%
|
Volkswagen
Group
|
6.8%
|
10.7%
|
6.8%
|
-37.0%
|
-0.3%
|
Industry
|
5.9%
|
11.0%
|
6.3%
|
-46.4%
|
-6.3%
|
Revenue
|
|
|
Manufacturer
|
Sep 2021
Forecast
|
Sep 2020
Actual
|
Aug 2021
Actual
|
YOY
|
MOM
|
Industry
|
$39,832,526,549
|
$49,618,363,778
|
$42,257,700,022
|
-19.7%
|
-5.7%
|
Quarterly Tables
Total Unit
Sales
|
|
|
Manufacturer
|
Q3
2021
|
Q3
2020
|
Q2
2021
|
YoY %
Change
|
YoY % Change
(Daily Selling Rate)
|
QoQ %
Change
|
QoQ %
Change
(Daily Selling Rate)
|
BMW
|
85,832
|
78,634
|
105,901
|
9.2%
|
9.2%
|
-19.0%
|
-19.0%
|
Daimler
|
61,437
|
72,868
|
78,246
|
-15.7%
|
-15.7%
|
-21.5%
|
-21.5%
|
Ford
|
388,053
|
549,134
|
472,260
|
-29.3%
|
-29.3%
|
-17.8%
|
-17.8%
|
GM
|
441,307
|
662,143
|
683,696
|
-33.4%
|
-33.4%
|
-35.5%
|
-35.5%
|
Honda
|
357,971
|
388,433
|
486,419
|
-7.8%
|
-7.8%
|
-26.4%
|
-26.4%
|
Hyundai
|
196,061
|
174,573
|
251,081
|
12.3%
|
12.3%
|
-21.9%
|
-21.9%
|
Kia
|
175,024
|
165,013
|
218,961
|
6.1%
|
6.1%
|
-20.1%
|
-20.1%
|
Nissan
|
200,952
|
221,150
|
298,148
|
-9.1%
|
-9.1%
|
-32.6%
|
-32.6%
|
Stellantis
|
409,427
|
509,114
|
482,799
|
-19.6%
|
-19.6%
|
-15.2%
|
-15.2%
|
Subaru
|
139,740
|
169,446
|
160,824
|
-17.5%
|
-17.5%
|
-13.1%
|
-13.1%
|
Tesla
|
72,943
|
55,700
|
68,259
|
31.0%
|
31.0%
|
6.9%
|
6.9%
|
Toyota
|
572,658
|
558,449
|
688,813
|
2.5%
|
2.5%
|
-16.9%
|
-16.9%
|
Volkswagen
Group
|
134,470
|
147,880
|
204,424
|
-9.1%
|
-9.1%
|
-34.2%
|
-34.2%
|
Industry
|
3,394,494
|
3,898,745
|
4,399,779
|
-12.9%
|
-12.9%
|
-22.8%
|
-22.8%
|
Retail Unit
Sales
|
|
|
Manufacturer
|
Q3
2021
|
Q3
2020
|
Q2
2021
|
YoY %
Change
|
YoY % Change
(Daily Selling Rate)
|
QoQ %
Change
|
QoQ % Change
(Daily Selling Rate)
|
BMW
|
84,198
|
77,344
|
101,585
|
8.9%
|
8.9%
|
-17.1%
|
-17.1%
|
Daimler
|
57,447
|
70,633
|
75,214
|
-18.7%
|
-18.7%
|
-23.6%
|
-23.6%
|
Ford
|
298,211
|
437,933
|
367,942
|
-31.9%
|
-31.9%
|
-19.0%
|
-19.0%
|
GM
|
386,307
|
584,674
|
599,919
|
-33.9%
|
-33.9%
|
-35.6%
|
-35.6%
|
Honda
|
354,557
|
385,991
|
470,489
|
-8.1%
|
-8.1%
|
-24.6%
|
-24.6%
|
Hyundai
|
183,408
|
163,795
|
228,494
|
12.0%
|
12.0%
|
-19.7%
|
-19.7%
|
Kia
|
157,046
|
155,683
|
200,793
|
0.9%
|
0.9%
|
-21.8%
|
-21.8%
|
Nissan
|
182,334
|
204,331
|
235,778
|
-10.8%
|
-10.8%
|
-22.7%
|
-22.7%
|
Stellantis
|
338,053
|
435,172
|
432,993
|
-22.3%
|
-22.3%
|
-21.9%
|
-21.9%
|
Subaru
|
139,028
|
166,727
|
157,210
|
-16.6%
|
-16.6%
|
-11.6%
|
-11.6%
|
Tesla
|
72,433
|
55,348
|
67,627
|
30.9%
|
30.9%
|
7.1%
|
7.1%
|
Toyota
|
521,970
|
537,846
|
601,181
|
-3.0%
|
-3.0%
|
-13.2%
|
-13.2%
|
Volkswagen
Group
|
131,559
|
146,473
|
189,819
|
-10.2%
|
-10.2%
|
-30.7%
|
-30.7%
|
Industry
|
3,029,489
|
3,555,541
|
3,908,541
|
-14.8%
|
-14.8%
|
-22.5%
|
-22.5%
|
Total Market
Share
|
|
Manufacturer
|
Q3
2021
|
Q3
2020
|
Q2
2021
|
BMW
|
2.5%
|
2.0%
|
2.4%
|
Daimler
|
1.8%
|
1.9%
|
1.8%
|
Ford
|
11.4%
|
14.1%
|
10.7%
|
GM
|
13.0%
|
17.0%
|
15.5%
|
Honda
|
10.5%
|
10.0%
|
11.1%
|
Hyundai
|
5.8%
|
4.5%
|
5.7%
|
Kia
|
5.2%
|
4.2%
|
5.0%
|
Nissan
|
5.9%
|
5.7%
|
6.8%
|
Stellantis
|
12.1%
|
13.1%
|
11.0%
|
Subaru
|
4.1%
|
4.3%
|
3.7%
|
Tesla
|
2.1%
|
1.4%
|
1.6%
|
Toyota
|
16.9%
|
14.3%
|
15.7%
|
Volkswagen
Group
|
4.0%
|
3.8%
|
4.6%
|
|
95.3%
|
96.2%
|
95.5%
|
Retail Market
Share
|
|
Manufacturer
|
Q3
2021
|
Q3
2020
|
Q2
2021
|
BMW
|
2.8%
|
2.2%
|
2.6%
|
Daimler
|
1.9%
|
2.0%
|
1.9%
|
Ford
|
9.8%
|
12.3%
|
9.4%
|
GM
|
12.8%
|
16.4%
|
15.3%
|
Honda
|
11.7%
|
10.9%
|
12.0%
|
Hyundai
|
6.1%
|
4.6%
|
5.8%
|
Kia
|
5.2%
|
4.4%
|
5.1%
|
Nissan
|
6.0%
|
5.7%
|
6.0%
|
Stellantis
|
11.2%
|
12.2%
|
11.1%
|
Subaru
|
4.6%
|
4.7%
|
4.0%
|
Tesla
|
2.4%
|
1.6%
|
1.7%
|
Toyota
|
17.2%
|
15.1%
|
15.4%
|
Volkswagen
Group
|
4.3%
|
4.1%
|
4.9%
|
|
95.9%
|
96.2%
|
95.4%
|
ATP
|
|
|
|
Manufacturer
|
Q3
2021
|
Q3
2020
|
Q2
2021
|
YoY %
Change
|
|
QoQ %
Change
|
BMW
|
$59,171
|
$58,537
|
$58,759
|
1.1%
|
|
0.7%
|
Daimler
|
$63,895
|
$59,375
|
$59,272
|
7.6%
|
|
7.8%
|
Ford
|
$47,245
|
$42,937
|
$42,846
|
10.0%
|
|
10.3%
|
GM
|
$45,431
|
$41,577
|
$43,628
|
9.3%
|
|
4.1%
|
Honda
|
$31,624
|
$30,157
|
$31,314
|
4.9%
|
|
1.0%
|
Hyundai
|
$32,351
|
$29,207
|
$29,730
|
10.8%
|
|
8.8%
|
Kia
|
$28,125
|
$26,111
|
$28,150
|
7.7%
|
|
-0.1%
|
Nissan
|
$31,500
|
$28,413
|
$30,644
|
10.9%
|
|
2.8%
|
Stellantis
|
$47,641
|
$42,686
|
$45,968
|
11.6%
|
|
3.6%
|
Subaru
|
$30,795
|
$30,057
|
$30,936
|
2.5%
|
|
-0.5%
|
Toyota
|
$35,802
|
$34,037
|
$35,034
|
5.2%
|
|
2.2%
|
Volkswagen
Group
|
$40,892
|
$40,404
|
$43,086
|
1.2%
|
|
-5.1%
|
Industry
|
$38,828
|
$36,522
|
$37,613
|
6.3%
|
|
3.2%
|
|
$2,306
|
|
$1,215
|
|
|
|
Incentives
|
|
|
|
Manufacturer
|
Q3
2021
|
Q3
2020
|
Q2
2021
|
YoY %
Change
|
|
QoQ %
Change
|
BMW
|
$3,929
|
$5,340
|
$4,713
|
-26.4%
|
|
-16.6%
|
Daimler
|
$3,135
|
$5,621
|
$3,574
|
-44.2%
|
|
-12.3%
|
Ford
|
$2,569
|
$4,241
|
$2,564
|
-39.4%
|
|
0.2%
|
GM
|
$3,062
|
$5,515
|
$4,399
|
-44.5%
|
|
-30.4%
|
Honda
|
$2,013
|
$2,580
|
$2,167
|
-22.0%
|
|
-7.1%
|
Hyundai
|
$1,560
|
$2,547
|
$2,102
|
-38.7%
|
|
-25.8%
|
Kia
|
$2,336
|
$3,428
|
$2,549
|
-31.9%
|
|
-8.4%
|
Nissan
|
$2,661
|
$4,519
|
$3,502
|
-41.1%
|
|
-24.0%
|
Stellantis
|
$2,892
|
$4,903
|
$3,522
|
-41.0%
|
|
-17.9%
|
Subaru
|
$1,382
|
$1,851
|
$1,339
|
-25.3%
|
|
3.2%
|
Toyota
|
$1,992
|
$2,726
|
$2,219
|
-26.9%
|
|
-10.3%
|
Volkswagen
Group
|
$2,939
|
$4,421
|
$3,730
|
-33.5%
|
|
-21.2%
|
Industry
|
$2,478
|
$3,997
|
$3,003
|
-38.0%
|
|
-17.5%
|
|
-$1,519
|
|
-$525
|
|
|
|
(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 auto buyers to connect to our
nationwide network of Certified Dealers. We are building the
industry's most personalized and efficient auto 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 auto buying experience.
As part of our marketplace, TrueCar powers auto-buying programs for
over 250 leading brands, including AARP, Sam's Club, Navy Federal
Credit Union and American Express. TrueCar is
headquartered in Santa Monica, California, with an office in Austin,
Texas.
For more information, please visit www.truecar.com, and
follow us on Facebook or Twitter.
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SOURCE TrueCar, Inc.