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Falling gas prices don't always influence car buyers' choices, studies hint
2015-02-28 08:23:12| Auto Dealers - Topix.net
When gas prices go down, sales of electric vehicles go down too, right? And by the same token, you'd think that lower gasoline prices must mean increased sales of gas guzzlers and decreased sales of electric vehicles and hybrids. But that's not the case, new studies show: Electric-vehicle sales, and sales of high-gas-mileage cars, continue to hold steady, while the current increase in sales of light trucks began before gas prices started to fall.
Falling gas prices don't always influence car buyers' choices, studies hint
2015-02-28 08:23:11| Auto Dealers - Topix.net
When gas prices go down, sales of electric vehicles go down too, right? And by the same token, you'd think that lower gasoline prices must mean increased sales of gas guzzlers and decreased sales of electric vehicles and hybrids. But that's not the case, new studies show: Electric-vehicle sales, and sales of high-gas-mileage cars, continue to hold steady, while the current increase in sales of light trucks began before gas prices started to fall.
US: Used car prices lower due to increase in new car sales
2015-01-23 15:36:10| Auto Dealers - Topix.net
The increased new cars sales have recently created a decline in the used cars prices. In 2013 sales of new cars went up 5.9% to around 16.5 million vehicles sold.
Gasoline Price Drop Didnt Hurt Small Car Prices in December
2015-01-08 00:10:20| AutomotiveDigest.com - Automotive Industry News
Sean Foyil Senior Analyst, Vehicle Valuation Kelley Blue Book Auction values in December finished 0.9% higher than in 2013 and 0.8% higher than 2012. Surprisingly, the market has been driven by mid-size and subcompact car segments which havent seen their usual price collapse during gasoline price declines. Each segment gained 0.9% and 0.8% in […] The Article Gasoline Price Drop Didnt Hurt Small Car Prices in December appeared first on Automotive Digest.
Tags: price
december
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Low gas prices increase car sales
2014-12-13 11:05:15| Auto Dealers - Topix.net
Nationwide, gas prices have been on a free-fall, resting now at their lowest levels in four years and down 25 percent from last year. According to popular fuel price website Gasbuddy.com, at last check, the lowest gasoline in Beaumont was at Walmart's Murphy USA gasoline station for $2.27 In the last month, passenger car sales have gone up 4.5 percent compared to last year, according to automotive sales information.
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