Is it a good time to buy a car?

July witnessed over 5 percent year-over-year increase in U.S. light vehicle sales, bringing annualized projections to 17.35 million –more than last year’s output. Both General Motors and Ford enjoyed strong showings, particularly from SUVs, with the former posting a 13.4 percent annual increase in its utility vehicle category and the latter enjoying the growth of sub-brands like Buick, whose Encore model recently posted its 19th consecutive year-over-year sales increase and topped July 2014 numbers by 68 percent.