TrueCar (TRUE) Sees June New Vehicle Sales up 5.4%

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June Auto Sales Likely to Rebound From May’s Shortfall on Buoyant Retail Demand

June 22, 2016 1:54 PM EDT

Industry volume may rise 5.4%, led by Subaru, FCA, Kia and Honda

SANTA MONICA, Calif.--(BUSINESS WIRE)-- TrueCar, Inc. (NASDAQ: TRUE) projects total new vehicle sales, including fleet deliveries, will reach 1,556,844 units in June, up 5.4 percent from a year ago, as consumers return to dealer lots this month after disappointing industrywide volume in May.

The seasonally adjusted annualized... More