Jesse Toprak

When asked about December auto sales, Cars.com Chief Analyst Jesse Toprak told Benzinga that it was another robust month and a great end to the year. For the last month of the year, Toprak explained that the market saw strong SUV and truck sales. “Low gas prices pushed a lot of...

Cars.com projected that December light, new-vehicle sales will hit 1,510,500 units, marking an 11.3 percent improvement from the same month a year ago. This would mark the highest December unit sales count since December 2006. Cars.com is projecting a Seasonally Adjusted Annual Rate of 16.86...

An improving stock market and rising consumer confidence have both helped a rise in luxury auto sales, according to Cars.com. Cars.com Chief Analyst Jesse Toprak said that the luxury segment is enjoying a particularly strong December. “With the stock market reaching new highs, shoppers...

When asked about the 153 percent year-over-year increase in Tesla Motors Inc (NASDAQ: TSLA) registrations for the month of October, Cars.com Chief Analyst Jesse Toprak told Benzinga that he wouldn’t read too much into high percentage changes. “Year-over-year comparisons for Tesla...

Speaking to Benzinga, Cars.com Chief Analyst Jesse Toprak said that the recent sell-off in shares of Tesla Motors Inc (NASDAQ: TSLA) is not due to low oil prices. But Toprak does think that Tesla is hitting the limit of the number of people who will buy electric vehicles at the current price...

When asked if low oil prices could be causing a sell-off in shares of Tesla Motors Inc (NASDAQ: TSLA), Cars.com Chief Analyst Jesse Toprak told Benzinga that there’s traditionally a strong correlation between the sale of pure electric vehicles and gas prices. But that’s not the case...

Cars.com Chief Analyst Jesse Toprak is expecting new-vehicle sales to reach 17.1 million units for 2015. It will be a decent, but not dramatic increase, according to Toprak. “There is going to be a limit to how much the market can grow,” he said. “It is going to be a healthy...

Jesse Toprak, chief analyst for Cars.com, told Benzinga that December will be a “robust” month for new-vehicle sales, especially new-select segments. Toprak explained that this includes luxury vehicles and anything that has the word “large” associated with the name, such...

Speaking to Benzinga on Tuesday, Cars.com Chief Analyst Jesse Toprak said that both a strong stock market and the “perfect storm of conditions” pushing people to dealerships contributed to better-than-expected new-vehicle sales in the auto sector for November. Not only did new-car...

Jesse Toprak, chief analyst for Cars.com, told Benzinga that there has always a “very high” correlation between the stock market and new-vehicle sales. “The correlation between the S&P 500 and the SAAR for new-car sales is a staggering 78 percent,” he said. Toprak...