Used Cars and Light Trucks - US - June 2011
The deep recession experienced in the U.S. from late 2007 to 2009 had a profound impact on the automotive industry, causing a multibillion-dollar government bailout of the automotive industry that included a massive restructuring. Used car and truck sales did not decline as precipitously, due to much lower price points than new cars that made used cars a low-cost alternative for consumers trading down from new cars. However, the recession also caused jittery and budget-constrained consumers to forgo major purchases of all types and drive their currently owned cars for longer.
This report explores the market in the US for used automobiles, including both cars and light trucks. It includes discussion of both person-to-person and dealer/retail sales. Extended warranties, car rentals, car repairs, and automotive accessories are not included in market sale estimates, nor are new car sales and leases (although these may be discussed as competitors).
What you get
This market report provides in-depth analysis and insight supported by a range of data. At the same time, introductory and top-level content is provided to give you an overview of the issues covered.
Mintel provides a range of market information, frequently through the category level, including market size and forecasting, complete with market drivers that illustrate the forces that shape a category or market.
Mintel's proprietary consumer research provides our analysts with the attitudinal and behavioral data used to provide valuable insight to topical issues.
Mintel provides overviews of the top brands and manufacturers, and uses consumer research to explore attitudes and reactions to brands, as well as insight into what will resonate with consumers.
Market reports provide appendices of data to support the research and insight produced. Our tables of data are easily manipulated and downloadable to support your research needs and covers factors from consumer attitudes to market forecasts.
* This is a sample representation of the report layout and does not reflect the research included in this report.
Why buy from us?
Our reports will provide you with market data, consumer research and competitive intelligence to succeed in your market.
Buy now and you'll have instant access to the information you need to make the right decisions.
Find out what's next in the markets that matter to you: where opportunities lie and what challenges you will face.
A business Superbrand, Mintel is a source you can trust. We have been defining and refining the Market Intelligence mix since 1972.