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Automaker Revenue to Reach Record $47 Billion in July

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SANTA MONICA, Calif.--(BUSINESS WIRE)--TrueCar, Inc. (NASDAQ: TRUE), the negotiation-free car buying and selling mobile marketplace, finds July’s revenue for new vehicles will likely set a U.S. record high for the month of $47 billion, up 2.1 percent versus the same period last year. Amid the best auto industry and economic fundamentals in a decade, vigorous consumer demand for1 premium and utility vehicles continues while automakers maintain discipline with incentive spending. TrueCar estimate

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