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A report by AutoTrader.com revealed that shoppers are turning toward smaller and more fuel-efficient vehicles in the wake of rising gas prices, which crept up to a national average of nearly $3.40 per gallon in January.
Read More →Despite a rise in gas prices, data from the first 15 days of February indicates that vehicle sales could rise 7 percent to 1.1 million units this month, according to CNW Research.
Read More →AutoTrader.com's Trend Engine report for August indicated that the decline in gas prices over the summer has driven consumers back toward large trucks and SUVs, particularly in the new-vehicle arena.
Read More →Data analyzed by Edmunds.com revealed that consumers paid about 10 percent more for three-year-old, used compact cars in July than in January, with prices for this segment increasing 1.6 percent over the same period in 2010.
Read More →NADAguides’ 2011 second quarter Traffic Trends Report showed that site traffic for RVs increased 29 percent since the beginning of the year, which analysts attributed to lower than expected gas prices.
Read More →AutoTrader.com's June Trend Engine report indicated that slightly lowering gas prices are likely contributing to the rising interest in larger vehicles.
Read More →Lowering gas prices and inventory shortages that were less severe than expected played key roles in the month-over-month improvement.
Read More →NADA economist Paul Taylor anticipates an increase in new-vehicle sales as inventory levels rise and gas prices drop through the beginning of July.
Read More →Several indicators in the first few weeks of June, including floor traffic, incentives levels and closing ratios, point to a rough road ahead for sales this month, according to CNW Research’s latest Retail Automotive Summary.
Read More →A new Kelley Blue Book Market Intelligence survey indicates that 52 percent of car shoppers have changed their minds about gas prices and think they will either stay the same or go down in the next 30 days.
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