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Even though winter storms ravaged vehicle sales in some states and the price of regular gasoline rose 16%, analysts are still predicting strong February results when the numbers are released next Tuesday.
“Gas prices inched back up this month, but it didn’t appear to have much impact on shoppers’ choices,” said Edmunds.com’s Jessica Caldwell. “We’re still seeing a strong market for trucks and SUVs — especially compact crossover SUVs, which continue to ride an impressive wave of popularity. It is likely that the hard-hitting winter weather motivated some buyers to upgrade from their two-wheel drive vehicles.”
Allpar looked at by-manufacturer predictions from three major industry sources, Edmunds.com, KBB.com, and TrueCar.com. All three said that February’s big winners will be Toyota … (full article) Read the rest...
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“Gas prices inched back up this month, but it didn’t appear to have much impact on shoppers’ choices,” said Edmunds.com’s Jessica Caldwell. “We’re still seeing a strong market for trucks and SUVs — especially compact crossover SUVs, which continue to ride an impressive wave of popularity. It is likely that the hard-hitting winter weather motivated some buyers to upgrade from their two-wheel drive vehicles.”
Allpar looked at by-manufacturer predictions from three major industry sources, Edmunds.com, KBB.com, and TrueCar.com. All three said that February’s big winners will be Toyota … (full article) Read the rest...
More...