New Cars - US - October 2012
“Consumers who put off buying a vehicle during the recession are now, in the post-recession era, feeling the need to purchase. With used car prices high, and gas prices peaking about $4 per gallon in some markets, new cars are an attractive and realistic option for many. In particular, consumers are responding by choosing smaller, lighter and more fuel-efficient cars and crossover utility vehicles that correspond to their immediate and long-term budgets.”
– Bill Patterson, analyst
Some questions answered in this report include:
- What effect does the fuel economy have on the decision to buy a new car?
- To what extent is pent-up demand forcing consumers to buy?
- Whichnew car segment is currently the most popular choice for consumers and why?
What you get
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