TrueCar,
Inc. TRUE raised its 2015 annual forecast by
200,000 units to 17.4 million as sales growth in the remaining months of
2015 is poised to remain vigorous.
New auto sales in September, aided by a later-than-usual Labor Day,
should expand by 12.6 percent from a year ago, while the Seasonally
Adjusted Annual Rate (SAAR) should reach 17.7 million units. That
strength underpins TrueCar's revised full-year industry forecast of 17.4
million units, the highest volume since 2000.
Retail share of the total industry likely expanded a full point in
September versus last year, indicating busier-than-average showrooms.
See full press release
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