Top-News

Solarboom 2024: 5 Gründe die für diese Aktie sprechen…(Anzeige)

Dienstag, 23.11.2021 14:19 von PR Newswire | Aufrufe: 106

TrueCar Forecasts an Increased Industry Sales Pace for November 2021 as Inventory Starts to Rebound

Zeitungsständer (Symbolbild). © AdrianHancu / iStock Editorial / Getty Images Plus / Getty Images

PR Newswire

SANTA MONICA, Calif., Nov. 23, 2021

SANTA MONICA, Calif., Nov. 23, 2021 /PRNewswire/ -- TrueCar, Inc. (NASDAQ: TRUE), the most efficient and transparent online destination to find a car, forecasts total new vehicle sales will reach 1,073,042 units in November 2021, down 15% from a year ago and up 14% vs. October 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 13.7 million, down 12% from November 2020. Excluding fleet sales, TrueCar expects U.S. retail deliveries of new cars and light trucks to be 971,021 units, down 16% from a year ago and up 16% from October 2021.

"We continue to see small signs of new vehicle inventory levels rebuilding on dealer lots," said Nick Woolard, Lead Industry Analyst at TrueCar. "However, demand remains strong and continues to push new transaction prices to record levels. Average incentive levels for November are expected to be $1,895 which would be the lowest since 2005 according to Motor Intelligence historical data."

"As expected, we are seeing stronger sales performance for those brands that ramped up production levels in recent months," said Valeri Tompkins, Senior Vice President of OEM Solutions at TrueCar. "Ford in particular is one of the few brands showing gains vs. last year. This is largely driven by new products such as Bronco and Bronco Sport."

Additional Insights (forecast by TrueCar):

Total sales for November 2021 are expected to be down 15% from a year ago and up 14% from October 2021 when adjusted for the same number of selling days.
Fleet sales for November 2021 are expected to be down 13% from a year ago and down 1% from October 2021 when adjusted for the same number of selling days.
Incentive spend is down 50% from last year.
Average transaction price is projected to be up 9% from a year ago and up 2% from October 2021.
Total SAAR is expected to be down 12% from a year ago at 13.7 million units.
Used vehicle sales for November 2021 are expected to reach 3 million, up 2% from a year ago and down 12% from October 2021.
The average interest rate on new vehicles is 4.3% and the average interest rate on used vehicles is 7.5%.
The average loan term on a new vehicle for November 2021 is 70 months and likewise the average loan term on a used vehicle is also 70 months.

Total Unit Sales

Manufacturer

ARIVA.DE Börsen-Geflüster

Kurse

CENTRUE FIN CORP

0,00%

Nov 2021 Forecast

Nov 2020 Actual

Oct 2021 Actual

YoY % Change

YoY % Change
(Daily Selling Rate)

MoM % Change

MoM % Change
(Daily Selling Rate)

BMW

35,178

31,005

28,231

13.5%

8.7%

24.6%

40.2%

Daimler

26,030

29,580

20,081

-12.0%

-15.7%

29.6%

45.8%

Ford

165,118

148,816

174,464

11.0%

6.3%

-5.4%

6.5%

154,096

212,415

133,168

-27.5%

-30.5%

15.7%

30.2%

Honda

86,036

102,614

97,083

-16.2%

-19.6%

-11.4%

-0.3%

Hyundai

58,582

56,106

62,061

4.4%

0.1%

-5.6%

6.2%

Kia

40,059

47,897

52,067

-16.4%

-19.9%

-23.1%

-13.4%

Nissan

63,798

72,816

59,859

-12.4%

-16.0%

6.6%

19.9%

Stellantis

132,664

137,913

131,496

-3.8%

-7.8%

0.9%

13.5%

Subaru

31,731

50,413

36,817

-37.1%

-39.7%

-13.8%

-3.0%

Tesla

28,394

21,650

27,137

Mehr Nachrichten zur CENTRUE FIN CORP Aktie kostenlos abonnieren

E-Mail-Adresse

Benachrichtigungen von ARIVA.DE
(Mit der Bestellung akzeptierst du die Datenschutzhinweise)

Hinweis: ARIVA.DE veröffentlicht in dieser Rubrik Analysen, Kolumnen und Nachrichten aus verschiedenen Quellen. Die ARIVA.DE AG ist nicht verantwortlich für Inhalte, die erkennbar von Dritten in den „News“-Bereich dieser Webseite eingestellt worden sind, und macht sich diese nicht zu Eigen. Diese Inhalte sind insbesondere durch eine entsprechende „von“-Kennzeichnung unterhalb der Artikelüberschrift und/oder durch den Link „Um den vollständigen Artikel zu lesen, klicken Sie bitte hier.“ erkennbar; verantwortlich für diese Inhalte ist allein der genannte Dritte.