Accessibility Statement Skip Navigation
  • Resources
  • Investor Relations
  • Journalists
  • Agencies
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
Search
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News Releases view all

    • News in Focus
        • Browse News Releases

        • All News Releases
        • All Public Company
        • English-only
        • News Releases Overview

        • Multimedia Gallery

        • All Multimedia
        • All Photos
        • All Videos
        • Multimedia Gallery Overview

        • Trending Topics

        • All Trending Topics
    • Business & Money
        • Auto & Transportation

        • Aerospace, Defense
        • Air Freight
        • Airlines & Aviation
        • Automotive
        • Maritime & Shipbuilding
        • Railroads and Intermodal Transportation
        • Supply Chain/Logistics
        • Transportation, Trucking & Railroad
        • Travel
        • Trucking and Road Transportation
        • Auto & Transportation Overview

        • View All Auto & Transportation

        • Business Technology

        • Blockchain
        • Broadcast Tech
        • Computer & Electronics
        • Computer Hardware
        • Computer Software
        • Data Analytics
        • Electronic Commerce
        • Electronic Components
        • Electronic Design Automation
        • Financial Technology
        • High Tech Security
        • Internet Technology
        • Nanotechnology
        • Networks
        • Peripherals
        • Semiconductors
        • Business Technology Overview

        • View All Business Technology

        • Entertain­ment & Media

        • Advertising
        • Art
        • Books
        • Entertainment
        • Film and Motion Picture
        • Magazines
        • Music
        • Publishing & Information Services
        • Radio & Podcast
        • Television
        • Entertainment & Media Overview

        • View All Entertain­ment & Media

        • Financial Services & Investing

        • Accounting News & Issues
        • Acquisitions, Mergers and Takeovers
        • Banking & Financial Services
        • Bankruptcy
        • Bond & Stock Ratings
        • Conference Call Announcements
        • Contracts
        • Cryptocurrency
        • Dividends
        • Earnings
        • Earnings Forecasts & Projections
        • Financing Agreements
        • Insurance
        • Investments Opinions
        • Joint Ventures
        • Mutual Funds
        • Private Placement
        • Real Estate
        • Restructuring & Recapitalization
        • Sales Reports
        • Shareholder Activism
        • Shareholder Meetings
        • Stock Offering
        • Stock Split
        • Venture Capital
        • Financial Services & Investing Overview

        • View All Financial Services & Investing

        • General Business

        • Awards
        • Commercial Real Estate
        • Corporate Expansion
        • Earnings
        • Environmental, Social and Governance (ESG)
        • Human Resource & Workforce Management
        • Licensing
        • New Products & Services
        • Obituaries
        • Outsourcing Businesses
        • Overseas Real Estate (non-US)
        • Personnel Announcements
        • Real Estate Transactions
        • Residential Real Estate
        • Small Business Services
        • Socially Responsible Investing
        • Surveys, Polls and Research
        • Trade Show News
        • General Business Overview

        • View All General Business

    • Science & Tech
        • Consumer Technology

        • Artificial Intelligence
        • Blockchain
        • Cloud Computing/Internet of Things
        • Computer Electronics
        • Computer Hardware
        • Computer Software
        • Consumer Electronics
        • Cryptocurrency
        • Data Analytics
        • Electronic Commerce
        • Electronic Gaming
        • Financial Technology
        • Mobile Entertainment
        • Multimedia & Internet
        • Peripherals
        • Social Media
        • STEM (Science, Tech, Engineering, Math)
        • Supply Chain/Logistics
        • Wireless Communications
        • Consumer Technology Overview

        • View All Consumer Technology

        • Energy & Natural Resources

        • Alternative Energies
        • Chemical
        • Electrical Utilities
        • Gas
        • General Manufacturing
        • Mining
        • Mining & Metals
        • Oil & Energy
        • Oil and Gas Discoveries
        • Utilities
        • Water Utilities
        • Energy & Natural Resources Overview

        • View All Energy & Natural Resources

        • Environ­ment

        • Conservation & Recycling
        • Environmental Issues
        • Environmental Policy
        • Environmental Products & Services
        • Green Technology
        • Natural Disasters
        • Environment Overview

        • View All Environ­ment

        • Heavy Industry & Manufacturing

        • Aerospace & Defense
        • Agriculture
        • Chemical
        • Construction & Building
        • General Manufacturing
        • HVAC (Heating, Ventilation and Air-Conditioning)
        • Machinery
        • Machine Tools, Metalworking and Metallurgy
        • Mining
        • Mining & Metals
        • Paper, Forest Products & Containers
        • Precious Metals
        • Textiles
        • Tobacco
        • Heavy Industry & Manufacturing Overview

        • View All Heavy Industry & Manufacturing

        • Telecomm­unications

        • Carriers and Services
        • Mobile Entertainment
        • Networks
        • Peripherals
        • Telecommunications Equipment
        • Telecommunications Industry
        • VoIP (Voice over Internet Protocol)
        • Wireless Communications
        • Telecommunications Overview

        • View All Telecomm­unications

    • Lifestyle & Health
        • Consumer Products & Retail

        • Animals & Pets
        • Beers, Wines and Spirits
        • Beverages
        • Bridal Services
        • Cannabis
        • Cosmetics and Personal Care
        • Fashion
        • Food & Beverages
        • Furniture and Furnishings
        • Home Improvement
        • Household, Consumer & Cosmetics
        • Household Products
        • Jewelry
        • Non-Alcoholic Beverages
        • Office Products
        • Organic Food
        • Product Recalls
        • Restaurants
        • Retail
        • Supermarkets
        • Toys
        • Consumer Products & Retail Overview

        • View All Consumer Products & Retail

        • Entertain­ment & Media

        • Advertising
        • Art
        • Books
        • Entertainment
        • Film and Motion Picture
        • Magazines
        • Music
        • Publishing & Information Services
        • Radio & Podcast
        • Television
        • Entertainment & Media Overview

        • View All Entertain­ment & Media

        • Health

        • Biometrics
        • Biotechnology
        • Clinical Trials & Medical Discoveries
        • Dentistry
        • FDA Approval
        • Fitness/Wellness
        • Health Care & Hospitals
        • Health Insurance
        • Infection Control
        • International Medical Approval
        • Medical Equipment
        • Medical Pharmaceuticals
        • Mental Health
        • Pharmaceuticals
        • Supplementary Medicine
        • Health Overview

        • View All Health

        • Sports

        • General Sports
        • Outdoors, Camping & Hiking
        • Sporting Events
        • Sports Equipment & Accessories
        • Sports Overview

        • View All Sports

        • Travel

        • Amusement Parks and Tourist Attractions
        • Gambling & Casinos
        • Hotels and Resorts
        • Leisure & Tourism
        • Outdoors, Camping & Hiking
        • Passenger Aviation
        • Travel Industry
        • Travel Overview

        • View All Travel

    • Policy & Public Interest
        • Policy & Public Interest

        • Advocacy Group Opinion
        • Animal Welfare
        • Congressional & Presidential Campaigns
        • Corporate Social Responsibility
        • Domestic Policy
        • Economic News, Trends, Analysis
        • Education
        • Environmental
        • European Government
        • FDA Approval
        • Federal and State Legislation
        • Federal Executive Branch & Agency
        • Foreign Policy & International Affairs
        • Homeland Security
        • Labor & Union
        • Legal Issues
        • Natural Disasters
        • Not For Profit
        • Patent Law
        • Public Safety
        • Trade Policy
        • U.S. State Policy
        • Policy & Public Interest Overview

        • View All Policy & Public Interest

    • People & Culture
        • People & Culture

        • Aboriginal, First Nations & Native American
        • African American
        • Asian American
        • Children
        • Diversity, Equity & Inclusion
        • Hispanic
        • Lesbian, Gay & Bisexual
        • Men's Interest
        • People with Disabilities
        • Religion
        • Senior Citizens
        • Veterans
        • Women
        • People & Culture Overview

        • View All People & Culture

    • Explore Our Platform
    • Plan Campaigns
    • Create with AI
    • Distribute Press Releases
    • Report Results
    • Amplify Content
    • All Products
    • General Inquiries
    • Editorial Bureaus
    • Partnerships
    • Media Inquiries
    • Worldwide Offices
    • Hamburger menu
    • PR Newswire: news distribution, targeting and monitoring
    • Send a Release
      • ALL CONTACT INFO
      • Contact Us

        888-776-0942
        from 8 AM - 10 PM ET

    • Searching for your content...

      No results found. Please change your search terms and try again.

      News Releases

      view all
      Close menu
    • News
    • Products
    • Contact
      • Send a Release
      • Client Login
      • Resources
      • Blog
      • Journalists
      • RSS
      • 3 News in Focus
      • 5 Business & Money
      • 5 Science & Tech
      • 5 Lifestyle & Health
      • 1 Policy & Public Interest
      • 1 People & Culture
      • Send a Release
      • Client Login
      • Resources
      • Blog
      • Journalists
      • RSS
      • Explore Our Platform
      • Plan Campaigns
      • Create with AI
      • Distribute Press Releases
      • Report Results
      • Amplify Content
      • All Products
      • Send a Release
      • Client Login
      • Resources
      • Blog
      • Journalists
      • RSS
      • General Inquiries
      • Editorial Bureaus
      • Partnerships
      • Media Inquiries
      • Worldwide Offices
      • Send a Release
      • Client Login
      • Resources
      • Blog
      • Journalists
      • RSS
      Close submenu (News in Focus) News in Focus
      • Browse News Releases
      • Multimedia Gallery
      • Trending Topics
      Close submenu (Business & Money) Business & Money
      • Auto & Transportation
      • Business Technology
      • Entertain­ment & Media
      • Financial Services & Investing
      • General Business
      Close submenu (Science & Tech) Science & Tech
      • Consumer Technology
      • Energy & Natural Resources
      • Environ­ment
      • Heavy Industry & Manufacturing
      • Telecomm­unications
      Close submenu (Lifestyle & Health) Lifestyle & Health
      • Consumer Products & Retail
      • Entertain­ment & Media
      • Health
      • Sports
      • Travel
      Close submenu (Policy & Public Interest) Policy & Public Interest
      • Policy & Public Interest
      Close submenu (People & Culture) People & Culture
      • People & Culture

      TrueCar Releases Analysis of September and Third Quarter Industry Sales

      TrueCar, Inc. Logo

      News provided by

      TrueCar.com

      Sep 29, 2022, 09:00 ET

      Share this article

      Share this article


      Interest rates pose a challenge to consumers, but overall industry remains steady 

      SANTA MONICA, Calif., Sept. 29, 2022 /PRNewswire/ -- TrueCar, Inc. (NASDAQ: TRUE), the easiest, most efficient and transparent online destination for buying and selling new and used vehicles, expects total new vehicle industry sales to reach 1,140,659 units in September 2022, up 13% from a year ago and up 3% from August 2022, when adjusted for the same number of selling days. This month's seasonally adjusted annualized rate (SAAR) for total light vehicle industry sales is an estimated 13.4 million, up 9% from September 2021. Excluding fleet sales, TrueCar expects U.S. retail deliveries of new cars and light trucks to be 987,378 units, up 8% from a year ago and up about 3% from August 2022.

      Continue Reading
      TrueCar.com
      TrueCar.com

      "With increasing interest rates, affordability is being tested," said Zack Krelle, Industry Analyst at TrueCar. "We're seeing consumers faced with the reality that to afford the same vehicle at the same monthly payment as last year, they are forced to increase their down payment, which is creating new affordability challenges. We are paying close attention to how the industry will react to these concerns. Perhaps there will be more incentives, longer finance terms, or a combination of these."

      "This month we're seeing Honda, Nissan and General Motors gaining traction from previous months' sales," said Justin Colon, Vice President of OEM Solutions at TrueCar. "GM has been able to capitalize on other OEMs' inability to deliver vehicles."

      Additional September and Third Quarter Industry Insights (from TrueCar):

      • Total sales for September 2022 are expected to be up 13% from a year ago when inventory levels were at their lowest and up 3% from August 2022 when adjusted for the same number of selling days.
      • Fleet sales for September 2022 are expected to be up 57% from a year ago and up 5% from August 2022 when adjusted for the same number of selling days.
      • Incentive spend is down 54% from last year and down 2% from August 2022.
      • Average transaction price for new vehicles is projected to be up 6% from a year ago and slightly down from August 2022.
      • Total SAAR is expected to be up 9% from a year ago at 13.4 million units.
      • Used vehicle sales for September 2022 are expected to reach 3 million, down 11% from a year ago and down 4% from August 2022. 
      • The average interest rate on new vehicles is 5.9% compared to August 2022 at 5.8% and the average interest rate on used vehicles is 9%.
      • The average loan term on a new vehicle for September 2022 is about 70 months and the average loan term on a used vehicle is 71 months.
      • Quarterly average transaction price is projected to be up 9% from a year ago and up 1% from Q2 2022.
      • Quarterly incentive spend is down 55% from Q3 2021.

      Total Unit Sales



      Manufacturer

      Sep 2022 Forecast

      Sep 2021 Actual

      Aug 2022 Actual

      YoY % Change

      YoY % Change
      (Daily Selling Rate)

      MoM % Change

      MoM % Change
      (Daily Selling Rate)

      BMW

      27,305

      26,031

      28,360

      4.9 %

      4.9 %

      -3.7 %

      0.1 %

      Daimler

      23,990

      18,419

      27,470

      30.2 %

      30.2 %

      -12.7 %

      -9.2 %

      Ford

      150,193

      155,384

      157,062

      -3.3 %

      -3.3 %

      -4.4 %

      -0.5 %

      GM

      193,391

      111,046

      187,277

      74.2 %

      74.2 %

      3.3 %

      7.4 %

      Honda

      81,035

      95,716

      71,461

      -15.3 %

      -15.3 %

      13.4 %

      17.9 %

      Hyundai

      66,567

      58,667

      69,437

      13.5 %

      13.5 %

      -4.1 %

      -0.3 %

      Kia

      63,752

      52,906

      66,089

      20.5 %

      20.5 %

      -3.5 %

      0.3 %

      Nissan

      52,068

      51,182

      50,151

      1.7 %

      1.7 %

      3.8 %

      8.0 %

      Stellantis

      126,277

      130,926

      127,120

      -3.6 %

      -3.6 %

      -0.7 %

      3.3 %

      Subaru

      49,703

      42,054

      50,126

      18.2 %

      18.2 %

      -0.8 %

      3.1 %

      Tesla

      42,959

      26,291

      42,837

      63.4 %

      63.4 %

      0.3 %

      4.3 %

      Toyota

      167,716

      151,378

      172,885

      10.8 %

      10.8 %

      -3.0 %

      0.9 %

      Volkswagen Group

      51,216

      38,821

      53,702

      31.9 %

      31.9 %

      -4.6 %

      -0.8 %

      Industry

      1,140,659

      1,007,229

      1,151,339

      13.2 %

      13.2 %

      -0.9 %

      3.0 %

      Retail Unit Sales



      Manufacturer

      Sep 2022 Forecast

      Sep 2021 Actual

      Aug 2022 Actual

      YoY % Change

      YoY % Change
      (Daily Selling Rate)

      MoM % Change

      MoM % Change
      (Daily Selling Rate)

      BMW

      24,884

      24,799

      26,025

      0.3 %

      0.3 %

      -4.4 %

      -0.6 %

      Daimler

      22,060

      16,803

      25,653

      31.3 %

      31.3 %

      -14.0 %

      -10.6 %

      Ford

      107,036

      120,881

      117,631

      -11.5 %

      -11.5 %

      -9.0 %

      -5.4 %

      GM

      161,052

      100,341

      154,859

      60.5 %

      60.5 %

      4.0 %

      8.2 %

      Honda

      78,972

      95,224

      69,470

      -17.1 %

      -17.1 %

      13.7 %

      18.2 %

      Hyundai

      64,998

      57,907

      68,676

      12.2 %

      12.2 %

      -5.4 %

      -1.6 %

      Kia

      61,789

      49,662

      63,890

      24.4 %

      24.4 %

      -3.3 %

      0.6 %

      Nissan

      44,924

      45,547

      41,103

      -1.4 %

      -1.4 %

      9.3 %

      13.7 %

      Stellantis

      97,951

      106,818

      101,663

      -8.3 %

      -8.3 %

      -3.7 %

      0.2 %

      Subaru

      48,702

      41,205

      48,837

      18.2 %

      18.2 %

      -0.3 %

      3.7 %

      Tesla

      36,881

      26,291

      35,893

      40.3 %

      40.3 %

      2.8 %

      6.9 %

      Toyota

      152,926

      141,844

      155,038

      7.8 %

      7.8 %

      -1.4 %

      2.6 %

      Volkswagen Group

      46,513

      38,176

      49,171

      21.8 %

      21.8 %

      -5.4 %

      -1.6 %

      Industry

      987,378

      911,283

      999,613

      8.4 %

      8.4 %

      -1.2 %

      2.7 %

      Fleet Unit Sales



      Manufacturer

      Sep 2022 Forecast

      Sep 2021 Actual

      Aug 2022 Actual

      YoY % Change

      YoY % Change
      (Daily Selling Rate)

      MoM % Change

      MoM % Change
      (Daily Selling Rate)

      BMW

      2,421

      1,232

      2,335

      96.5 %

      96.5 %

      3.7 %

      7.9 %

      Daimler

      1,930

      1,616

      1,817

      19.4 %

      19.4 %

      6.2 %

      10.5 %

      Ford

      43,157

      34,503

      39,431

      25.1 %

      25.1 %

      9.4 %

      13.8 %

      GM

      32,339

      10,705

      32,418

      202.1 %

      202.1 %

      -0.2 %

      3.7 %

      Honda

      2,063

      492

      1,991

      319.1 %

      319.1 %

      3.6 %

      7.8 %

      Hyundai

      1,569

      760

      761

      106.5 %

      106.5 %

      106.1 %

      114.4 %

      Kia

      1,963

      3,244

      2,199

      -39.5 %

      -39.5 %

      -10.7 %

      -7.1 %

      Nissan

      7,144

      5,635

      9,048

      26.8 %

      26.8 %

      -21.0 %

      -17.9 %

      Stellantis

      28,326

      24,108

      25,457

      17.5 %

      17.5 %

      11.3 %

      15.7 %

      Subaru

      1,001

      849

      1,289

      17.9 %

      17.9 %

      -22.3 %

      -19.2 %

      Tesla

      6,078

      -

      6,944



      -12.5 %

      -9.0 %

      Toyota

      14,790

      9,534

      17,847

      55.1 %

      55.1 %

      -17.1 %

      -13.8 %

      Volkswagen Group

      4,703

      645

      4,531

      629.1 %

      629.1 %

      3.8 %

      7.9 %

      Industry

      150,348

      95,748

      148,793

      57.0 %

      57.0 %

      1.0 %

      5.1 %

      Fleet Penetration

      Manufacturer

      Sep 2022 Forecast

      Sep 2021 Actual

      Aug 2022 Actual

      YoY % Change

      MoM % Change

      BMW

      8.9 %

      4.7 %

      8.2 %

      87.3 %

      7.7 %

      Daimler

      8.0 %

      8.8 %

      6.6 %

      -8.3 %

      21.6 %

      Ford

      28.7 %

      22.2 %

      25.1 %

      29.4 %

      14.5 %

      GM

      16.7 %

      9.6 %

      17.3 %

      73.5 %

      -3.4 %

      Honda

      2.5 %

      0.5 %

      2.8 %

      395.0 %

      -8.6 %

      Hyundai

      2.4 %

      1.3 %

      1.1 %

      82.0 %

      115.0 %

      Kia

      3.1 %

      6.1 %

      3.3 %

      -49.8 %

      -7.4 %

      Nissan

      13.7 %

      11.0 %

      18.0 %

      24.6 %

      -23.9 %

      Stellantis

      22.4 %

      18.4 %

      20.0 %

      21.8 %

      12.0 %

      Subaru

      2.0 %

      2.0 %

      2.6 %

      -0.2 %

      -21.7 %

      Tesla

      14.1 %

      0.0 %

      16.2 %


      -12.7 %

      Toyota

      8.8 %

      6.3 %

      10.3 %

      40.0 %

      -14.6 %

      Volkswagen Group

      9.2 %

      1.7 %

      8.4 %

      452.7 %

      8.8 %

      Industry

      13.2 %

      9.5 %

      12.9 %

      38.7 %

      2.0 %

      Total Market Share

      Manufacturer

      Sep 2022 Forecast

      Sep 2021 Actual

      Aug 2022 Actual

      BMW

      2.4 %

      2.6 %

      2.5 %

      Daimler

      2.1 %

      1.8 %

      2.4 %

      Ford

      13.2 %

      15.4 %

      13.6 %

      GM

      17.0 %

      11.0 %

      16.3 %

      Honda

      7.1 %

      9.5 %

      6.2 %

      Hyundai

      5.8 %

      5.8 %

      6.0 %

      Kia

      5.6 %

      5.3 %

      5.7 %

      Nissan

      4.6 %

      5.1 %

      4.4 %

      Stellantis

      11.1 %

      13.0 %

      11.0 %

      Subaru

      4.4 %

      4.2 %

      4.4 %

      Tesla

      3.8 %

      2.6 %

      3.7 %

      Toyota

      14.7 %

      15.0 %

      15.0 %

      Volkswagen Group

      4.5 %

      3.9 %

      4.7 %


      96.1 %

      95.2 %

      95.9 %

      Retail Market Share

      Manufacturer

      Sep 2022 Forecast

      Sep 2021 Actual

      Aug 2022 Actual

      BMW

      2.5 %

      2.7 %

      2.6 %

      Daimler

      2.2 %

      1.8 %

      2.6 %

      Ford

      10.8 %

      13.3 %

      11.8 %

      GM

      16.3 %

      11.0 %

      15.5 %

      Honda

      8.0 %

      10.4 %

      6.9 %

      Hyundai

      6.6 %

      6.4 %

      6.9 %

      Kia

      6.3 %

      5.4 %

      6.4 %

      Nissan

      4.5 %

      5.0 %

      4.1 %

      Stellantis

      9.9 %

      11.7 %

      10.2 %

      Subaru

      4.9 %

      4.5 %

      4.9 %

      Tesla

      3.7 %

      2.9 %

      3.6 %

      Toyota

      15.5 %

      15.6 %

      15.5 %

      Volkswagen Group

      4.7 %

      4.2 %

      4.9 %


      96.1 %

      95.0 %

      95.8 %

      ATP



      Manufacturer

      Sep 2022 Forecast

      Sep 2021 Actual

      Aug 2022 Actual

      YOY

      MOM

      BMW

      $69,596

      $62,593

      $66,227

      11.2 %

      5.1 %

      Daimler

      $70,723

      $68,949

      $67,009

      2.6 %

      5.5 %

      Ford

      $51,786

      $50,827

      $53,022

      1.9 %

      -2.3 %

      GM

      $51,418

      $51,750

      $50,965

      -0.6 %

      0.9 %

      Honda

      $38,246

      $34,966

      $38,695

      9.4 %

      -1.2 %

      Hyundai

      $36,907

      $35,420

      $36,805

      4.2 %

      0.3 %

      Kia

      $34,880

      $31,816

      $34,521

      9.6 %

      1.0 %

      Nissan

      $35,975

      $33,942

      $36,950

      6.0 %

      -2.6 %

      Stellantis

      $55,049

      $49,922

      $54,182

      10.3 %

      1.6 %

      Subaru

      $35,008

      $33,068

      $34,551

      5.9 %

      1.3 %

      Toyota

      $40,547

      $39,689

      $41,284

      2.2 %

      -1.8 %

      Volkswagen Group

      $45,279

      $41,936

      $45,070

      8.0 %

      0.5 %

      Industry

      $44,942

      $42,500

      $44,977

      5.7 %

      -0.1 %


      $2,442


      -$35



      Incentives



      Manufacturer

      Sep 2022 Forecast

      Sep 2021 Actual

      Aug 2022 Actual

      YOY

      MOM

      BMW

      $1,047

      $3,601

      $1,251

      -70.9 %

      -16.3 %

      Daimler

      $1,323

      $3,177

      $1,407

      -58.4 %

      -6.0 %

      Ford

      $984

      $2,598

      $1,008

      -62.1 %

      -2.4 %

      GM

      $1,267

      $2,650

      $1,468

      -52.2 %

      -13.7 %

      Honda

      $898

      $2,007

      $890

      -55.3 %

      0.8 %

      Hyundai

      $431

      $1,381

      $409

      -68.8 %

      5.3 %

      Kia

      $384

      $2,047

      $450

      -81.2 %

      -14.6 %

      Nissan

      $1,090

      $2,397

      $1,391

      -54.5 %

      -21.6 %

      Stellantis

      $2,821

      $3,186

      $2,403

      -11.5 %

      17.4 %

      Subaru

      $453

      $1,199

      $492

      -62.2 %

      -7.8 %

      Toyota

      $672

      $1,794

      $819

      -62.6 %

      -18.0 %

      Volkswagen Group

      $1,185

      $2,547

      $1,249

      -53.5 %

      -5.1 %

      Industry

      $1,090

      $2,347

      $1,113

      -53.6 %

      -2.1 %


      -$1,257


      -$23



      Incentives as % of ATP



      Manufacturer

      Sep 2022 Forecast

      Sep 2021 Actual

      Aug 2022 Actual

      YOY

      MOM

      BMW

      1.5 %

      5.8 %

      1.9 %

      -73.8 %

      -20.3 %

      Daimler

      1.9 %

      4.6 %

      2.1 %

      -59.4 %

      -10.9 %

      Ford

      1.9 %

      5.1 %

      1.9 %

      -62.8 %

      -0.1 %

      GM

      2.5 %

      5.1 %

      2.9 %

      -51.9 %

      -14.4 %

      Honda

      2.3 %

      5.7 %

      2.3 %

      -59.1 %

      2.0 %

      Hyundai

      1.2 %

      3.9 %

      1.1 %

      -70.1 %

      5.1 %

      Kia

      1.1 %

      6.4 %

      1.3 %

      -82.9 %

      -15.5 %

      Nissan

      3.0 %

      7.1 %

      3.8 %

      -57.1 %

      -19.5 %

      Stellantis

      5.1 %

      6.4 %

      4.4 %

      -19.7 %

      15.5 %

      Subaru

      1.3 %

      3.6 %

      1.4 %

      -64.3 %

      -9.0 %

      Toyota

      1.7 %

      4.5 %

      2.0 %

      -63.3 %

      -16.5 %

      Volkswagen Group

      2.6 %

      6.1 %

      2.8 %

      -56.9 %

      -5.5 %

      Industry

      2.4 %

      5.5 %

      2.5 %

      -56.1 %

      -2.0 %

      Revenue



      Manufacturer

      Sep 2022 Forecast

      Sep 2021 Actual

      Aug 2022 Actual

      YOY

      MOM

      Industry

      $51,263,941,149

      $42,807,179,128

      $51,783,670,865

      19.8 %

      -1.0 %

      Quarterly Tables

      Total Unit Sales



      Manufacturer

      Q3 2022

      Q3 2021

      Q2 2022

      YoY % Change

      YoY % Change
      (Daily Selling Rate)

      QoQ % Change

      QoQ % Change
      (Daily Selling Rate)

      BMW

      85,325

      82,064

      84,036

      4.0 %

      4.0 %

      1.5 %

      1.5 %

      Daimler

      81,356

      63,747

      88,410

      27.6 %

      27.6 %

      -8.0 %

      -8.0 %

      Ford

      469,984

      397,644

      480,558

      18.2 %

      18.2 %

      -2.2 %

      -2.2 %

      GM

      558,835

      443,150

      578,507

      26.1 %

      26.1 %

      -3.4 %

      -3.4 %

      Honda

      223,731

      345,914

      239,789

      -35.3 %

      -35.3 %

      -6.7 %

      -6.7 %

      Hyundai

      201,838

      193,522

      198,136

      4.3 %

      4.3 %

      1.9 %

      1.9 %

      Kia

      192,290

      177,014

      182,146

      8.6 %

      8.6 %

      5.6 %

      5.6 %

      Nissan

      152,754

      198,955

      183,171

      -23.2 %

      -23.2 %

      -16.6 %

      -16.6 %

      Stellantis

      391,081

      413,311

      408,040

      -5.4 %

      -5.4 %

      -4.2 %

      -4.2 %

      Subaru

      141,365

      141,552

      131,449

      -0.1 %

      -0.1 %

      7.5 %

      7.5 %

      Tesla

      128,609

      75,631

      138,895

      70.0 %

      70.0 %

      -7.4 %

      -7.4 %

      Toyota

      518,159

      565,880

      531,105

      -8.4 %

      -8.4 %

      -2.4 %

      -2.4 %

      Volkswagen Group

      159,419

      136,650

      142,893

      16.7 %

      16.7 %

      11.6 %

      11.6 %

      Industry

      3,437,982

      3,394,029

      3,518,915

      1.3 %

      1.3 %

      -2.3 %

      -2.3 %

      Retail Unit Sales



      Manufacturer

      Q3 2022

      Q3 2021

      Q2 2022

      YoY % Change

      YoY % Change
      (Daily Selling Rate)

      QoQ % Change

      QoQ % Change
      (Daily Selling Rate)

      BMW

      77,759

      101,575

      78,805

      -23.4 %

      -23.4 %

      -1.3 %

      -1.3 %

      Daimler

      74,811

      75,132

      64,924

      -0.4 %

      -0.4 %

      15.2 %

      15.2 %

      Ford

      334,938

      366,931

      325,514

      -8.7 %

      -8.7 %

      2.9 %

      2.9 %

      GM

      465,386

      599,229

      403,778

      -22.3 %

      -22.3 %

      15.3 %

      15.3 %

      Honda

      218,036

      470,440

      258,883

      -53.7 %

      -53.7 %

      -15.8 %

      -15.8 %

      Hyundai

      197,081

      228,474

      169,737

      -13.7 %

      -13.7 %

      16.1 %

      16.1 %

      Kia

      186,369

      200,746

      137,801

      -7.2 %

      -7.2 %

      35.2 %

      35.2 %

      Nissan

      131,795

      235,625

      164,290

      -44.1 %

      -44.1 %

      -19.8 %

      -19.8 %

      Stellantis

      303,355

      432,724

      331,777

      -29.9 %

      -29.9 %

      -8.6 %

      -8.6 %

      Subaru

      138,518

      157,208

      128,244

      -11.9 %

      -11.9 %

      8.0 %

      8.0 %

      Tesla

      110,413

      67,602

      126,601

      63.3 %

      63.3 %

      -12.8 %

      -12.8 %

      Toyota

      472,465

      601,027

      459,059

      -21.4 %

      -21.4 %

      2.9 %

      2.9 %

      Volkswagen Group

      144,780

      189,750

      109,827

      -23.7 %

      -23.7 %

      31.8 %

      31.8 %

      Industry

      2,981,895

      3,907,705

      2,894,256

      -23.7 %

      -23.7 %

      3.0 %

      3.0 %

      Total Market Share


      Manufacturer

      Q3 2022

      Q3 2021

      Q2 2022

      BMW

      2.5 %

      2.4 %

      2.4 %

      Daimler

      2.4 %

      1.9 %

      2.5 %

      Ford

      13.7 %

      11.7 %

      13.7 %

      GM

      16.3 %

      13.1 %

      16.4 %

      Honda

      6.5 %

      10.2 %

      6.8 %

      Hyundai

      5.9 %

      5.7 %

      5.6 %

      Kia

      5.6 %

      5.2 %

      5.2 %

      Nissan

      4.4 %

      5.9 %

      5.2 %

      Stellantis

      11.4 %

      12.2 %

      11.6 %

      Subaru

      4.1 %

      4.2 %

      3.7 %

      Tesla

      3.7 %

      2.2 %

      3.9 %

      Toyota

      15.1 %

      16.7 %

      15.1 %

      Volkswagen Group

      4.6 %

      4.0 %

      4.1 %


      96.1 %

      95.3 %

      96.3 %

      Retail Market Share


      Manufacturer

      Q3 2022

      Q3 2021

      Q2 2022

      BMW

      2.6 %

      2.6 %

      2.7 %

      Daimler

      2.5 %

      1.9 %

      2.2 %

      Ford

      11.2 %

      9.4 %

      11.2 %

      GM

      15.6 %

      15.3 %

      14.0 %

      Honda

      7.3 %

      12.0 %

      8.9 %

      Hyundai

      6.6 %

      5.8 %

      5.9 %

      Kia

      6.3 %

      5.1 %

      4.8 %

      Nissan

      4.4 %

      6.0 %

      5.7 %

      Stellantis

      10.2 %

      11.1 %

      11.5 %

      Subaru

      4.6 %

      4.0 %

      4.4 %

      Tesla

      3.7 %

      1.7 %

      4.4 %

      Toyota

      15.8 %

      15.4 %

      15.9 %

      Volkswagen Group

      4.9 %

      4.9 %

      3.8 %


      95.8 %

      95.4 %

      95.3 %

      ATP




      Manufacturer

      Q3 2022

      Q3 2021

      Q2 2022

      YoY % Change


      QoQ % Change

      BMW

      $66,984

      $60,360

      $65,923

      11.0 %


      1.6 %

      Daimler

      $67,723

      $67,918

      $65,788

      -0.3 %


      2.9 %

      Ford

      $52,878

      $50,724

      $50,843

      4.2 %


      4.0 %

      GM

      $51,220

      $49,290

      $50,597

      3.9 %


      1.2 %

      Honda

      $38,593

      $33,923

      $37,315

      13.8 %


      3.4 %

      Hyundai

      $36,613

      $34,461

      $37,378

      6.2 %


      -2.0 %

      Kia

      $34,844

      $30,979

      $35,168

      12.5 %


      -0.9 %

      Nissan

      $36,334

      $33,315

      $36,023

      9.1 %


      0.9 %

      Stellantis

      $54,691

      $49,396

      $53,736

      10.7 %


      1.8 %

      Subaru

      $34,795

      $33,611

      $35,323

      3.5 %


      -1.5 %

      Toyota

      $40,900

      $38,313

      $39,925

      6.8 %


      2.4 %

      Volkswagen Group

      $45,198

      $42,202

      $46,644

      7.1 %


      -3.1 %

      Industry

      $45,137

      $41,284

      $44,665

      9.3 %


      1.1 %


      $3,853


      $472




      Incentives




      Manufacturer

      Q3 2022

      Q3 2021

      Q2 2022

      YoY % Change


      QoQ % Change

      BMW

      $1,153

      $4,066

      $1,207

      -71.7 %


      -4.5 %

      Daimler

      $1,337

      $3,484

      $1,298

      -61.6 %


      3.0 %

      Ford

      $1,012

      $2,475

      $1,191

      -59.1 %


      -15.0 %

      GM

      $1,455

      $3,125

      $1,754

      -53.5 %


      -17.1 %

      Honda

      $819

      $2,059

      $816

      -60.2 %


      0.4 %

      Hyundai

      $444

      $1,576

      $605

      -71.8 %


      -26.6 %

      Kia

      $475

      $2,338

      $635

      -79.7 %


      -25.2 %

      Nissan

      $1,227

      $2,366

      $1,448

      -48.2 %


      -15.3 %

      Stellantis

      $2,378

      $3,022

      $1,905

      -21.3 %


      24.8 %

      Subaru

      $574

      $1,293

      $746

      -55.6 %


      -23.0 %

      Toyota

      $749

      $1,941

      $794

      -61.4 %


      -5.7 %

      Volkswagen Group

      $1,177

      $2,793

      $1,185

      -57.9 %


      -0.6 %

      Industry

      $1,101

      $2,469

      $1,205

      -55.4 %


      -8.6 %


      -$1,368


      -$103




      (Note: This industry insight is based solely on TrueCar, Inc.'s analysis of domestic 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 lets auto buyers and sellers connect to our nationwide network of Certified Dealers. With access to an expansive inventory provided by our Certified Dealers, we are building the industry's most personalized and efficient auto shopping experience as we seek to bring more of the process online. Consumers who visit our marketplace will find a suite of vehicle discovery tools, price ratings and market context on new, used and Certified Pre-Owned vehicles. When they are ready, shoppers in TrueCar's marketplace can connect with a Certified Dealer in our network, who shares our belief that truth, transparency and fairness are the foundation of a great auto shopping 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.

      For more information, please visit www.truecar.com, and follow us on LinkedIn, Facebook or Twitter. 

      SOURCE TrueCar.com

      Modal title

      Also from this source

      TrueCar Refocuses Strategy to Drive Profitability and Strengthen Dealer Partnerships

      TrueCar Refocuses Strategy to Drive Profitability and Strengthen Dealer Partnerships

      TrueCar, one of the most recognized and trusted automotive brands, today announced that effective immediately it will shift its focus away from three ...

      More Releases From This Source

      Explore

      Automotive

      Automotive

      Transportation, Trucking & Railroad

      Transportation, Trucking & Railroad

      Sales Reports

      Sales Reports

      News Releases in Similar Topics

      Contact PR Newswire

      • Call PR Newswire at 888-776-0942
        from 8 AM - 9 PM ET
      • Chat with an Expert
      • General Inquiries
      • Editorial Bureaus
      • Partnerships
      • Media Inquiries
      • Worldwide Offices

      Products

      • Explore Our Platform
      • Plan Campaigns
      • Create with AI
      • Distribute Press Releases
      • Report Results
      • Amplify Content

      About

      • About PR Newswire
      • About Cision
      • Careers
      • Accessibility Statement
      • APAC
      • APAC - Simplified Chinese
      • APAC - Traditional Chinese
      • Brazil
      • Canada
      • Czech
      • Denmark
      • Finland
      • France
      • Germany
      • India
      • Indonesia
      • Israel
      • Italy
      • Japan
      • Korea
      • Mexico
      • Middle East
      • Middle East - Arabic
      • Netherlands
      • Norway
      • Poland
      • Portugal
      • Russia
      • Slovakia
      • Spain
      • Sweden
      • United Kingdom
      • Vietnam

      My Services

      • All New Releases
      • Platform Login
      • Data Privacy

      Do not sell or share my personal information:

      • Submit via [email protected] 
      • Call Privacy toll-free: 877-297-8921

      Contact PR Newswire

      Products

      About

      My Services
      • All News Releases
      • Platform Login
      • ProfNet
      Call PR Newswire at
      888-776-0942
      • Terms of Use
      • Privacy Policy
      • Information Security Policy
      • Site Map
      • RSS
      • Cookies
      Copyright © 2026 Cision US Inc.