Tag: Auto Sales

Consumers Are Buying Up SUVs and Crossovers, Leaving Sedans Behind

Consumers Are Buying Up SUVs and Crossovers, Leaving Sedans Behind

When 28-year-old Stephanie Rivera of South Gate, Calif. walked onto the car lot, she knew exactly what type of vehicle she wanted – fuel efficient and economic. Rivera upgraded from a Honda Accord to a Nissan Juke, also known as a crossover. “I bought a Nissan Juke specifically because it […]

Harsh Winter Weather Cools U.S. Auto Sales in February

By Danni Santana Nasty weather depressed U.S. auto sales in February, yet did little to keep Americans from buying expensive gas-guzzlers, a sign that consumers continue to benefit from an improved economy and lower gas prices. Automakers performed worse last month than expected due to snowstorms up and down the […]

April U.S. Auto Sales expected to be stable

Auto sales are estimated to remain flat compared to last month but up from April 2012, making the automobile industry one of the economy’s strongest sectors. New car sales will remain above a 15 million unit annual selling pace for the sixth consecutive month, according to economists surveyed by Bloomberg. […]

Auto Sales March Ahead

Auto Sales March Ahead

Auto sales surged again in March, delivering the best monthly performance in the last five years. Light vehicle sales for March totaled 1.45 million, an increase of 3.4 percent over the year-ago tally, according to the Department of Commerce. Continued pent-up consumer demand, introduction of redesigned models, and low interest […]

Supply Anxiety Drives Strong March Auto Sales

Toyota salesman Mitch Schechter made good money selling Prius hybrids in March, but he stands to make a killing in April. The Prius is one of several models that suffered production shutdowns in Japan after the March 11th earthquake. Spurred by the fear of limited inventory, consumers then flocked to […]