Toyota Overtakes Subaru To Lead For the First Time in TrueCar's October 2012 Performance Scorecards for Manufacturers and Brands

SANTA MONICA, Calif., Nov. 16, 2012 /PRNewswire/ -- TrueCar.com, the authority in new car pricing information, trends and forecasting released its Performance Scorecards grading automotive manufacturers and brands for their performance in the month of October. The Performance Scorecards grade each manufacturer and brand on eight different measurements including pricing, sales, incentives, customer loyalty, market share, and days in inventory.

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Overall, the top manufacturers on the Scorecards in October were Toyota, Subaru, BMW, and Jaguar Land Rover. Near the bottom of the list were Suzuki, Mitsubishi, Mazda, and Volvo. The brands that received the highest grades were Scion, Land Rover, Toyota, FIAT, and Subaru. The brands with the lowest grades were Suzuki, Mitsubishi, Mazda, Jaguar, and Volvo.

The manufacturers with the largest gains, from September 2012 to October 2012 were:

• Ford moved from an C+ to a B
• Volvo moved from an D+ to a C

The manufacturers with the steepest declines, from September 2012 to October 2012 were:

• Subaru moved from an A+ to an A
• Chrysler moved from a B+ to a B
• Porsche moved from a B to a B-
• Mazda moved from a C+ to a C
• Mitsubishi moved from a C to a C-
• Suzuki moved from a C- to a D+

Below are the highest and lowest manufacturer and brand rankings by TrueCar.com:

For more information on the Performance Scorecards, visit blog.truecar.com. 

About TrueCar, Inc.

TrueCar, Inc., headquartered in Santa Monica, Calif., with offices in Santa Barbara, Calif., San Francisco, Calif., and Austin, Texas, is an automotive pricing information and analysis company that creates a better buying experience for dealers and consumers. As an online publisher of unbiased new and used car transaction data, TrueCar.com provides price reports that empower dealers and consumers to agree on the parameters of a fair deal by supplying a transparent, simple understanding of what others recently paid for similarly-equipped new cars in their geographic area.  TrueCar also owns ALG, the benchmark for vehicle value information to the automotive industry that has been forecasting residual values for nearly 50 years in both the U.S. and Canadian markets.

TrueCar is a data-driven company that sources and compiles car-buying information unlike anybody in the industry. This is why, since its founding in 2005, TrueCar dealer partners have sold over 600,000 vehicles across the country. Its national network of more than 5,000 Certified Dealers is committed to provide no-hassle car buying experience for some of the country's largest membership and service organizations, including American Express, AAA, USAA and Consumer Reports that collectively represent more than one million monthly in-market customers. 

You can follow TrueCar on Twitter (@TrueCar) and become a fan of TrueCar on Facebook and Google+.

Disclaimer
This press release and the information contained herein is for noncommercial use on "as-is, as available" basis and may be used for informational purposes only. TrueCar makes no representations or warranties, express or implied, with respect to the information contained in this press release and the results of the use of such information, including but not limited to implied warranty of merchantability, fitness for a particular purpose and non-infringement.  The information contained in this press release may include technical inaccuracies or typographical errors.  Neither TrueCar nor any of its parents, subsidiaries, affiliates or respective partners, officers, or directors, employees or agents shall be held liable for any damages, whether direct, incidental, indirect, special or consequential, including without limitation lost revenues or lost profits, arising from or in connection with your use or reliance on the information presented in this press release.

SOURCE TrueCar, Inc.