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Latest Automotive industry crisis of 2008–2009 Stories

2012-07-26 10:21:16

SANTA MONICA, Calif., July 26, 2012 /PRNewswire/ -- TrueCar.com, the authority on new car pricing, trends and forecasting information, today released its July 2012 sales and incentives forecast. The forecast shows the following: (Logo: http://photos.prnewswire.com/prnh/20110118/LA31413LOGO) For July 2012, new light vehicle sales in the U.S. (including fleet) is expected to be 1,171,201 units, up 10.6 percent from July 2011 and down 8.8 percent from June 2012 (on an unadjusted basis) The...

2012-04-04 10:20:39

NEW YORK, April 4, 2012 /PRNewswire/ -- Automakers will likely make billions more dollars in profits - under proposed new national gas mileage and emissions standards that will be finalized later this summer. A new report - produced by Citi Investment Research and Analysis in collaboration with Ceres - shows that American automakers will likely enjoy the biggest percentage increase in profits (6.3 percent), pulling in an extra $2.44 billion dollars in 2020 under the standards. The industry as...

2012-03-27 02:20:56

SANTA MONICA, Calif., March 27, 2012 /PRNewswire/ -- TrueCar.com, the authority on new car pricing, trends and forecasting, today released its March 2012 sales and incentives forecast. The forecast shows the following: (Logo: http://photos.prnewswire.com/prnh/20110118/LA31413LOGO) For March 2012, new light vehicle sales in the U.S. (including fleet) is expected to be 1,416,703 units, up 13.7 percent from March 2011 and up 23.3 percent from February 2012 (on an unadjusted basis) The...

2012-01-26 11:16:28

The Big Three were so driven by short-term profits that they forgot — or ignored — basic accounting practices that could have helped guard against production decisions with long-term damage, according to an award-winning study by Michigan State University and Maastricht University in the Netherlands. Essentially, the domestic automakers built far more vehicles than they needed while failing to appropriately account for the costs of excess capacity or the damage the...

2011-12-27 11:11:00

SANTA MONICA, Calif., Dec. 27, 2011 /PRNewswire/ -- TrueCar.com, the authority on new car pricing, trends and forecasting, today released its December 2011 sales and incentives forecast. The forecast shows the following: (Logo: http://photos.prnewswire.com/prnh/20110401/LA75616LOGO) For December 2011, new light vehicle sales in the U.S. (including fleet) is expected to be 1,236,911 units, up 8.1 percent from December 2010 and up 24.4 percent from November 2011 (on an...

2011-09-27 08:00:00

SANTA MONICA, Calif., Sept. 27, 2011 /PRNewswire/ -- TrueCar.com, the authority on new car pricing, trends and forecasting, today released its September 2011 sales and incentives forecast. The forecast shows the following: For September 2011, new light vehicle sales in the U.S. (including fleet) is expected to be 1,054,599 units, up 10.1 percent from September 2010 and down 1.6 percent from August 2011 (on an unadjusted basis) The September 2011 forecast translates into a Seasonally...

2011-08-25 08:00:00

SANTA MONICA, Calif., Aug. 25, 2011 /PRNewswire/ -- TrueCar.com, the authority on new car pricing, trends and forecasting, today released its August 2011 sales and incentives forecast. The forecast shows the following: For August 2011, new light vehicle sales in the U.S. (including fleet) is expected to be 1,076,989 units, up 8.0 percent from August 2010 and up 2.0 percent from July 2011 (on an unadjusted basis) The August 2011 forecast translates into a Seasonally Adjusted Annualized...

2011-07-28 08:00:00

SANTA MONICA, Calif., July 28, 2011 /PRNewswire/ -- TrueCar.com, the authority on new car pricing, trends and forecasting, today released its July 2011 sales and incentives forecast. The forecast shows the following: (Logo: http://photos.prnewswire.com/prnh/20110401/LA75616LOGO) For July 2011, new light vehicle sales in the U.S. (including fleet) is expected to be 1,041,435 units, down 0.8 percent from June 2010 and down 0.9 percent from June 2011 (on an unadjusted basis) The July...

2011-07-19 08:00:00

SANTA MONICA, Calif., July 19, 2011 /PRNewswire/ -- Light vehicles sales during the first half of 2011 totaled 6.32 million cars sold, up 12.7 percent from the first half of 2010. TrueCar.com had estimated that light vehicle sales for 2011 would equal 12.8 million units. (Logo: http://photos.prnewswire.com/prnh/20110401/LA75616LOGO) TrueCar.com, the authority on new car pricing and trends also found the following trends during the first half of 2011 vs. first half of 2010: Sales Up For...

2011-05-25 11:02:00

SANTA MONICA, Calif., May 25, 2011 /PRNewswire/ -- TrueCar.com, the authority on new car pricing, trends and forecasting, today released its May 2011 sales and incentives forecast. The forecast shows the following: For May 2011, new light vehicle sales in the U.S. (including fleet) is expected to be 1,060,392 units, down 3.7 percent from May 2010 and down 8.3 percent from April 2011 (on an unadjusted basis) The May 2011 forecast translates into a Seasonally Adjusted Annualized Rate...