TrueCar Recaps November 2012 Auto Sales And Provides Insights into December 2012 Sales

 TrueCar Recaps November 2012 Auto Sales And Provides Insights into December
                                  2012 Sales

December Sales Tracking at 1.43 million units, or a SAAR of 16.3, the highest
since November 2007

PR Newswire

SANTA MONICA, Calif., Dec. 10, 2012

SANTA MONICA, Calif., Dec. 10, 2012 /PRNewswire/ --TrueCar.com, the authority
on new car pricing information, trends and forecasting, today highlights the
major trends from November 2012 auto sales and looks into December 2012 auto
sales:

(Logo: http://photos.prnewswire.com/prnh/20110118/LA31413LOGO)

  o Industry sales increased a very healthy 15 percent compared to November
    2011, resulting in a SAAR of 15.54 million, the highest since December
    2007
  o TrueCar estimates that the aftermath of Sandy contributed a minimum of
    30,000 additional sales to November sales totals and those numbers will
    increase for December sales
  o Nissan had the biggest sequential monthly sales (up 21 percent) and market
    share increase in November, surpassing Hyundai/Kia in the industry sales
    ranking for the month
  o The gap between the Top 3 automakers in the U.S. narrowed in November,
    particularly with Ford coming within about 9,000 units of GM for the top
    spot
  o Average transaction prices reached an all time high at $30,832. Chrysler
    had the highest ratio of incentives/ATP at 10.6 percent and Toyota had the
    lowest at 6.6 percent. Industry average was 8.2 percent, down from 8.6
    percent a year ago
  o December early forecast shows the month tracking at 1.43 million units,
    adding up to 14.56 million total units sold for 2012. TrueCar's 2013
    forecast is 15.4 million units
  o Large trucks could have the highest unit sales in December since 2008 due
    to increased incentive spending by automakers

"November was one of the strongest months in over four years and we project
that December could end up being a bigger month," said Jesse Toprak, senior
analyst for TrueCar.com. "Combination of great products and attractive
finance/lease promotions in addition to a boost from replacement demand
created by Sandy will ensure a solid finish to the best year in car sales
since 2007."

Here's how the top eight manufacturers fared in November 2012:

Unit Sales
                           % Change vs. October % Change vs. November
Manufacturer November 2012
                            2012                2011
Chrysler     122,565       -2.9%                14.4%
Ford         177,092       5.4%                 6.4%
GM           186,505       -4.7%                3.4%
Honda        116,580       9.0%                 38.9%
Hyundai/Kia  94,542        2.0%                 9.1%
Nissan       96,197        20.7%                12.9%
Toyota       161,695       4.2%                 17.2%
Volkswagen   48,795        6.0%                 28.0%
Industry     1,142,883     4.7%                 15.0%

Market Share
Manufacturer November 2012 October 2012 November 2011
Chrysler     10.7%         11.6%        10.8%
Ford         15.5%         15.4%        16.7%
GM           16.3%         17.9%        18.1%
Honda        10.2%         9.8%         8.4%
Hyundai/Kia  8.3%          8.5%         8.7%
Nissan       8.4%          7.3%         8.6%
Toyota       14.1%         14.2%        13.9%
Volkswagen   4.3%          4.2%         3.8%

Incentive Spending
             November
                        % Change vs. October % Change vs.
Manufacturer 2012
                         2012                 November 2011
             Incentives
Chrysler     $3,147     1.5%                 -3.1%
Ford         $2,681     6.3%                 -8.3%
GM           $2,864     -1.7%                -7.6%
Honda        $2,132     13.3%                -8.6%
Hyundai/Kia  $1,488     8.2%                 21.3%
Nissan       $2,890     21.7%                -2.0%
Toyota       $1,885     16.2%                -0.7%
Volkswagen   $2,392     5.7%                 -4.5%
Industry     $2,518     9.4%                 -4.3%

Average Transaction Prices
                                                                      Percent
                                                        Percent       Change
               November 2012 October 2012 November 2011 Change        October
Manufacturer   Transaction   Transaction  Transaction   November 2011
               Price         Price        Price         to November   2012 to
                                                        2012          November
                                                                      2012
Chrysler
(Chrysler,
               $29,796       $29,541      $29,071       2.5%          0.9%
Dodge, Jeep,
Ram, Fiat)
Ford (Ford,    $32,543       $32,141      $31,498       3.3%          1.3%
Lincoln)
GM (Buick,
Cadillac,
               $32,891       $32,547      $33,027       -0.4%         1.1%
Chevrolet,
GMC)
Honda (Acura,  $26,897       $27,011      $26,529       1.4%          -0.4%
Honda)
Hyundai/Kia    $22,342       $22,410      $21,265       5.1%          -0.3%
Nissan
(Nissan,       $27,704       $27,652      $27,770       -0.2%         0.2%
Infiniti)
Toyota (Lexus,
Scion,         $28,396       $27,910      $27,442       3.5%          1.7%

Toyota)
Volkswagen
(Audi,         $33,610       $33,408      $33,004       1.8%          0.6%

Volkswagen)
Industry       $30,832       $30,486      $30,497       1.1%          1.1%

               November    October                                    Percent
                                                             Percent  Change
               2012        2012        November 2011         Change   October
Manufacturer   Incentives/ Incentives/ Incentives/ Avg.      November
                                       Transaction Price     2011 to  2012 to
               Avg.        Avg.                              November November
               Transaction Transaction                       2012     2012
               Price       Price
Chrysler
(Chrysler,
               10.6%       10.5%       11.2%                 -0.6%    0.1%
Dodge, Jeep,
Ram, Fiat)
Ford (Ford,    8.2%        7.8%        9.3%                  -1.0%    0.4%
Lincoln)
GM (Buick,
Cadillac,
               8.7%        9.0%        9.4%                  -0.7%    -0.2%
Chevrolet,
GMC)
Honda (Acura,  7.9%        7.0%        8.8%                  -0.9%    1.0%
Honda)
Hyundai/Kia    6.7%        6.1%        5.8%                  0.9%     0.5%
Nissan
(Nissan,       10.4%       8.6%        10.6%                 -0.2%    1.8%
Infiniti)
Toyota (Lexus,
Scion,         6.6%        5.8%        6.9%                  -0.3%    0.8%

Toyota)
Volkswagen
(Audi,         7.1%        6.8%        7.6%                  -0.5%    0.3%

Volkswagen)
Industry       8.2%        7.5%        8.6%                  -0.5%    0.6%

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
identically-equipped new cars in their geographic area.  TrueCar also owns
ALG, the benchmark for vehicle value information to the automotive industry
and 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, compiles, and analyses
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 5,200 Certified Dealers
is committed to provide no-hassle pricing 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 without limitation, the
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,
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.

Contact: Chintan Talati
210-884-3675
chintan@truecar.com

SOURCE TrueCar, Inc.

Website: http://www.truecar.com