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June 13, 2018 - Industry News

Edmunds: Used-Vehicle Prices Hit Record High in Q1

Although shoppers continue to flock toward pricier trucks and SUVs, steadily rising gas prices are beginning to stimulate consumer demand and increase residual values for smaller vehicles.

Tags: Edmunds, Gas Prices, used-vehicle prices, used-vehicle values

January 3, 2018 - Industry News

Gasoline Prices Jump to $2.49 Per Gallon

Photo by Vince Taroc

The national average price of unleaded gasoline jumped 5 cents to $2.49 per gallon in the first week of 2018 and has reached a level not seen since 2014 during the week that starts the new year, according to AAA.

Tags: Fuel Economy, Gas Prices

January 9, 2015 - Industry News

KBB Predicts 16.9 Million U.S. Sales in 2015

Despite predicting that new-vehicle sales will rise above 2014 levels, the vehicle information site believes 2015 will be the slowest year for sales growth since 2009.

Tags: Gas Prices, Kelly Blue Book, new-vehicle sales, transaction prices

November 4, 2014 - Industry News

SUV Sales Push Transaction Prices Higher

On the strength of SUV sales, average transaction prices for light vehicles rose slightly in October. Leading the way was Ford and its F-Series line of trucks.

Tags: Ford, Gas Prices, KBB, transaction prices

March 12, 2013 - Industry News

Used-Car Prices Rose Slightly in February, the NADA Reports

Used-car prices rose 0.8 percent, which is well below the 3 percent increase observed during the same period in 2011 and 2012.

Tags: car prices, Gas Prices, NADAguides, SAAR, Used-Car Values

February 14, 2013 - Industry News

Experian Automotive: Segment Sales Still Driven by Gas Prices

New study from Experian Automotive shows that a $1 spike in a gallon of gas could increase the volume of the small-car economy segment by 7,000 units.

Tags: Experian Automotive, Gas Prices

August 30, 2012 - Industry News

NADA: Higher Gasoline Prices Stir Little Change in Used-Vehicle Prices

In a reversal, compact and mid-size car prices are depreciating more than light trucks during the recent spike in gas prices.

Tags: Gas Prices, NADA Used Car Guide, used-car dealer, Used-Car Values, vehicle depreciation

March 22, 2012 - Industry News

Gas Prices Not Impacting Sales Yet, CNW Reports

If the first 20 days are any indication, vehicle sales could increase 8 percent this month from a year ago to 1.35 million units, CNW Research reported today.

Tags: Closing Ratios, CNW, floor traffic, Gas Prices, Vehicle Sales

March 8, 2012 - Industry News

Gas Price Hike to Have Mild Impact on Used Pricing

The NADA Used Car Guide predicted yesterday that gas prices will peak at $4 per gallon in May, but said it expects the impact on used-car prices to be mild by historical standards.

Tags: Gas Prices, NADA Used Car Guide, used vehicles, used-vehicle values

March 6, 2012 - Industry News

Gas Prices, Fuel-Efficient, Used-Vehicles Pricing on Same Trajectory

CarGurus, an auto research and shopping site, expects prices on fuel-efficient, used vehicles to increase 15 percent by August as gas prices continue to approach $4.50 a gallon.

Tags: CarGurus, Fuel Economy, Gas Prices, used vehicles

February 23, 2012 - Industry News

AutoTrader Spots Movement Toward Fuel-Efficient Vehicles

A report by 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.

Tags:, Fuel Economy, Gas Prices

February 21, 2012 - Industry News

Gas Prices Once Again a Concern, Reports CNW

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.

Tags: CNW, floor traffic, Gas Prices, Vehicle Sales

September 13, 2011 - Industry News Drop in Gas Prices Fueling Popularity of Trucks, SUVs'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.

Tags:, Chevrolet, consumer confidence, Dodge, Ford, Gas Prices, Honda, Toyota

September 1, 2011 - Industry News

Gas Prices Drive Price Surge for Smaller Used Vehicles, Reports

Data analyzed by 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.

Tags:, Gas Prices, used vehicles, used-vehicle values

August 8, 2011 - Industry News

NADAguides: Recreation Segments Post Largest Increases in Site Traffic

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.

Tags: Gas Prices, Internet, Internet Shopper, recreational vehicles, Web traffic

July 12, 2011 - Industry News Consumers Shift Focus Toward Trucks, SUVs's June Trend Engine report indicated that slightly lowering gas prices are likely contributing to the rising interest in larger vehicles.

Tags:, Gas Prices, Internet Shopper

June 24, 2011 - Industry News

J.D. Power: June New-Vehicle Retail Sales Improve Over May

Lowering gas prices and inventory shortages that were less severe than expected played key roles in the month-over-month improvement.

Tags: Gas Prices, J.D. Power and Associates, monthly sales

June 14, 2011 - Industry News

NADA Economist: New-Car Sales to Rise in July as Gas Prices Drop

NADA economist Paul Taylor anticipates an increase in new-vehicle sales as inventory levels rise and gas prices drop through the beginning of July.

Tags: Gas Prices, NADA, new-vehicle sales, Paul Taylor

June 14, 2011 - Industry News

CNW: Key Data Points Point to a Rough June

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.

Tags: floor traffic, Gas Prices, incentives

June 7, 2011 - Industry News Study: Consumers Not Panicking About Gas Prices

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.

Tags: Gas Prices,, Kelley Blue Book

May 17, 2011 - Industry News

Gas Prices Fueling Consumer Support for Higher Fuel Economy Standards, Study Says

A national survey of 2,000 representative Americans found that large majorities are concerned about gas prices (85 percent), think it is important to reduce oil consumption (87 percent), and believe it is important to increase fuel economy standards (75 percent).

Tags: Fuel Economy, Gas Prices

May 10, 2011 - Industry News

ALG: Japan Disaster, Gas Prices Drive Compact Prices Skyward

In their latest report, analysts at DealerTrack subsidiary ALG are sticking with predictions they made a month ago that a prolonged production interruption of Japanese-made vehicles could cause prices on some models to jump by as much as 10 percent.

Tags: Gas Prices, Hybrid Vehicle

March 10, 2011 - Industry News Rising Gas Prices Impacting Buyer Intentions

The current economic situation coupled with concern over the rise in gas prices has caused an increasing number of new-car and used-car shoppers to change their vehicle consideration criteria, according to a Kelley Blue Book Market Intelligence survey.

Tags: Gas Prices, Kelley Blue Book, Vehicle Sales

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