GasBuddy Blog

GasBuddy News Article

votes

Auto sales rise as higher gas prices, aging vehicles spur demand

NBC News -- Americans may be worried that the economy isn't picking up enough momentum, but they aren't concerned enough to stop buying fuel-efficient new cars and trucks to replace aging vehicles.

Chrysler said Tuesday that sales rose 14 percent in August amid strong demand for its Ram pickup truck. It was Chrysler's 29th consecutive month of year-on-year sales. Ford's U.S. August sales rose 13 percent, to 197,249 vehicles.

And General Motors Co posted a 10 percent jump, as higher gasoline prices spurred sales of GM's Cruze and other compact cars. Average U.S. gasoline prices have risen about 21 cents a gallon in the past month.

Read the Full Article

Submitted Sep 06, 2012 By: skb69sa

Back To News

Category: Daily News Article Discussions > Topics	Add to favorite topics

Author	Topic: Auto sales rise as higher gas prices, aging vehicles spur demand	Post a Reply Back to Topics

REPLIES (newest first)Ignore Short Messages

First

Next Last

remay Champion Author Houston Posts:6,943 Points:2,112,640 Joined:May 2006	Message Posted: Sep 7, 2012 3:46:36 AM Ignore remay Report Abuse "...aren't concerned enough to stop buying fuel-efficient new cars and trucks ..." Good to know that NBC has all the answers!
puinsai808 Champion Author Honolulu Posts:3,519 Points:722,330 Joined:May 2011	Message Posted: Sep 6, 2012 7:50:33 AM Ignore puinsai808 Report Abuse good
shstew Veteran Author British Columbia Posts:286 Points:311,270 Joined:Nov 2011	Message Posted: Sep 6, 2012 5:34:49 AM Ignore shstew Report Abuse Not surprising
Dodge_Me Champion Author Atlanta Posts:2,214 Points:552,480 Joined:Mar 2006	Message Posted: Sep 6, 2012 3:11:06 AM Ignore Dodge_Me Report Abuse Hmm
Bonanza Champion Author Boston Posts:12,057 Points:2,546,780 Joined:Jun 2004	Message Posted: Sep 6, 2012 3:08:40 AM Ignore Bonanza Report Abuse Good news for more jobs
comprof Champion Author Houston Posts:6,839 Points:1,352,750 Joined:Jul 2009	Message Posted: Sep 6, 2012 1:04:40 AM Ignore comprof Report Abuse Tigerpaw46: Most sane comment I have seen today.
TIGERPAW46 Champion Author Florida Posts:7,114 Points:1,352,710 Joined:Mar 2004	Message Posted: Sep 6, 2012 12:01:27 AM Ignore TIGERPAW46 Report Abuse The money saved on gas won't offset the cost of the vehicle.
Scoutca All-Star Author Orange County Posts:525 Points:1,584,560 Joined:May 2004	Message Posted: Sep 5, 2012 11:41:07 PM Ignore Scoutca Report Abuse Some people don't mind going into significant debt to drive a new car.... Regarless of higher fuel efficiency! Sooner or later the debt catches up to them and they expect Uncle Sam to bail them out .... not a good move!!!
mrjames1818 Champion Author New Jersey Posts:1,525 Points:1,994,095 Joined:Mar 2004	Message Posted: Sep 5, 2012 11:34:17 PM Ignore mrjames1818 Report Abuse People replacing aging vehicles - also end of year pricing as dealers clear lots in prep for new model year.
UseLessGasFolks Champion Author Iowa Posts:5,426 Points:1,291,850 Joined:Jul 2007	Message Posted: Sep 5, 2012 11:31:56 PM Ignore UseLessGasFolks Report Abuse And that dips**t romney would have let Detroit go under.
KrsnaDragon Champion Author Montreal Posts:2,387 Points:527,400 Joined:Nov 2011	Message Posted: Sep 5, 2012 11:30:21 PM Ignore KrsnaDragon Report Abuse I don't see a good reason for complaining about this news.
nurdco Champion Author Colorado Springs Posts:9,205 Points:1,690,410 Joined:Apr 2008	Message Posted: Sep 5, 2012 11:27:20 PM Ignore nurdco Report Abuse GovernmentMotors owes EACHfamily taxpayer a NEW VEHICLE
DozenSpeed Champion Author St. Louis Posts:1,293 Points:391,550 Joined:Sep 2011	Message Posted: Sep 5, 2012 11:26:27 PM Ignore DozenSpeed Report Abuse Yeah well Obama hasn't beat us up enough yet apparently. Four more years!
chen94539 Sophomore Author Oakland Posts:181 Points:790,915 Joined:Jul 2010	Message Posted: Sep 5, 2012 11:23:25 PM Ignore chen94539 Report Abuse ok
gamalerin Champion Author Tampa Posts:4,727 Points:988,535 Joined:Jul 2010	Message Posted: Sep 5, 2012 11:20:23 PM Ignore gamalerin Report Abuse We should wait guys.
trinda1 Champion Author Fort Worth Posts:2,011 Points:544,795 Joined:Dec 2010	Message Posted: Sep 5, 2012 11:19:59 PM Ignore trinda1 Report Abuse Some people who are yelling about gas prices and saying they are broke are just trying to keep it in the news because they are part of the ones profiting from our misfortune.
SHEP20715 Champion Author Maryland Posts:8,446 Points:1,710,845 Joined:Nov 2007	Message Posted: Sep 5, 2012 11:18:37 PM Ignore SHEP20715 Report Abuse You have to weigh the pro's and con's
9C1 Champion Author Chicago Posts:22,838 Points:4,241,835 Joined:Jul 2001	Message Posted: Sep 5, 2012 11:12:37 PM Ignore 9C1 Report Abuse Good for the auto industry
gasandgoAL Champion Author Alabama Posts:7,131 Points:1,585,665 Joined:Sep 2008	Message Posted: Sep 5, 2012 11:11:26 PM Ignore gasandgoAL Report Abuse just stick it out if older vehicle has no problems
Homito All-Star Author San Antonio Posts:880 Points:174,700 Joined:Apr 2011	Message Posted: Sep 5, 2012 11:10:09 PM Ignore Homito Report Abuse not good news.
Homito All-Star Author San Antonio Posts:880 Points:174,700 Joined:Apr 2011	Message Posted: Sep 5, 2012 11:10:02 PM Ignore Homito Report Abuse so....solution is, then, debt?
Homito All-Star Author San Antonio Posts:880 Points:174,700 Joined:Apr 2011	Message Posted: Sep 5, 2012 11:09:46 PM Ignore Homito Report Abuse we are so fool!!!
PrinceLH Champion Author Ontario Posts:2,672 Points:534,045 Joined:Jun 2011	Message Posted: Sep 5, 2012 11:05:50 PM Ignore PrinceLH Report Abuse The economy has been so bad, that people have run their vehicles into the ground and need new wheels.
BigZ1959 Champion Author Denver Posts:3,738 Points:1,459,225 Joined:Oct 2008	Message Posted: Sep 5, 2012 11:04:53 PM Ignore BigZ1959 Report Abuse up
tpguess Champion Author San Diego Posts:1,576 Points:366,860 Joined:Jan 2012	Message Posted: Sep 5, 2012 11:03:06 PM Ignore tpguess Report Abuse Mini... had an 84% increase in sales in August... Good fuel economy can be fun too
fishgaro Champion Author St. Louis Posts:1,474 Points:340,160 Joined:Apr 2012	Message Posted: Sep 5, 2012 11:01:51 PM Ignore fishgaro Report Abuse hopefully those who are buying are not going into debt way over their heads like what happened in the housing market. we don't want a bunch of repos
anascom Champion Author Hamilton Posts:1,593 Points:553,015 Joined:Feb 2011	Message Posted: Sep 5, 2012 11:01:05 PM Ignore anascom Report Abuse ok
rd2000 Champion Author Florida Posts:3,551 Points:682,995 Joined:Jul 2007	Message Posted: Sep 5, 2012 10:57:22 PM Ignore rd2000 Report Abuse hopefully this will be good for jobs.
Quick68 Champion Author Columbus Posts:8,177 Points:1,221,800 Joined:Dec 2009	Message Posted: Sep 5, 2012 10:56:35 PM Ignore Quick68 Report Abuse I will not believe any survey when it comes to gas and cars. The government will mislead you to their thinking every time.
Bruno44 Champion Author Texas Posts:7,054 Points:1,764,195 Joined:Sep 2007	Message Posted: Sep 5, 2012 10:56:20 PM Ignore Bruno44 Report Abuse Again, good point by RENEGADEGAS.
PetroScopper Champion Author Houston Posts:6,602 Points:1,545,975 Joined:Aug 2008	Message Posted: Sep 5, 2012 10:54:58 PM Ignore PetroScopper Report Abuse For some people it makes sense to buy a new higher nog vehicle, for others not so much. The good thing is that there are individuals out there who have that option right now- it helps the auto workers stay employed... that is good news!
RENEGADEGAS Champion Author Missouri Posts:14,888 Points:1,587,225 Joined:Jul 2008	Message Posted: Sep 5, 2012 10:53:39 PM Ignore RENEGADEGAS Report Abuse Truck sales is whats driving the market not cars. People want to be safe more than they worry about mileage. Evidentally those that are buying the cruze havent heard about the 400,000 vehicle recall they issued.
afghaned Champion Author Hamilton Posts:11,793 Points:1,281,385 Joined:May 2004	Message Posted: Sep 5, 2012 10:49:25 PM Ignore afghaned Report Abuse Incentives & advertising are helping sales.
Z51Corvette Champion Author Austin Posts:8,469 Points:1,667,400 Joined:Jan 2008	Message Posted: Sep 5, 2012 10:48:47 PM Ignore Z51Corvette Report Abuse Wizard... trucks are efficient, if they are being used for what they were intended to do!
Z51Corvette Champion Author Austin Posts:8,469 Points:1,667,400 Joined:Jan 2008	Message Posted: Sep 5, 2012 10:46:01 PM Ignore Z51Corvette Report Abuse Right on Graniteskater! Well stated!!! The IMF is really behind this shell game! Sputnik... care to share your REAL opinion... What does "OK" mean! [Edited by: Z51Corvette at 9/6/2012 1:47:51 AM EST]
s6sputnik Champion Author Austin Posts:6,209 Points:1,304,395 Joined:Jun 2007	Message Posted: Sep 5, 2012 10:45:28 PM Ignore s6sputnik Report Abuse Okey
granitestater Champion Author New Hampshire Posts:8,800 Points:1,426,750 Joined:Oct 2008	Message Posted: Sep 5, 2012 10:41:19 PM Ignore granitestater Report Abuse It's LIBERALS who want higher gas prices. Obama's lap dog advisor Chung wants to see $5.00 gasoline before the end of his term. They feel that will spur conversion to alternative fuels.
Wizrd03 Champion Author Illinois Posts:8,132 Points:1,628,335 Joined:Oct 2008	Message Posted: Sep 5, 2012 10:39:59 PM Ignore Wizrd03 Report Abuse "Chrysler said Tuesday that sales rose 14 percent in August amid strong demand for its Ram pickup truck" Now that's a real fuel efficient move....
HA4CNN Champion Author Toronto Posts:5,600 Points:1,539,360 Joined:Dec 2006	Message Posted: Sep 5, 2012 10:38:46 PM Ignore HA4CNN Report Abuse Thousands for an upgrade will buy a lot of gas.
jimpeel Veteran Author Colorado Posts:462 Points:107,190 Joined:Mar 2005	Message Posted: Sep 5, 2012 10:38:18 PM Ignore jimpeel Report Abuse Install a new Congress with conservatives at the helm and we will see lower gas prices. Until Obama is out, and the congress is totally Republican, we will have more prices skyrocketing. It won't matter who is president as long as the people with the power are Conservatives instead of Leftists. [Edited by: jimpeel at 9/6/2012 1:39:48 AM EST]
Mowerman08 Champion Author Milwaukee Posts:4,737 Points:1,213,955 Joined:Aug 2008	Message Posted: Sep 5, 2012 10:30:45 PM Ignore Mowerman08 Report Abuse End of model year clearance sales also helped.
Sheri2u Champion Author Ventura Posts:8,966 Points:1,553,150 Joined:Nov 2007	Message Posted: Sep 5, 2012 10:27:31 PM Ignore Sheri2u Report Abuse You are kidding me right? We all have extra money to buy new cars to get better gas economy...who are you kidding? Smoke and mirrors....
GAS1251 Champion Author Texas Posts:5,128 Points:1,622,230 Joined:Jun 2008	Message Posted: Sep 5, 2012 10:25:27 PM Ignore GAS1251 Report Abuse Good for those that can afford it. I had to settle for a new head for my 15 yr old Escort.
roadrunnerMO Champion Author Kansas Posts:8,386 Points:1,695,465 Joined:Jul 2008	Message Posted: Sep 5, 2012 10:21:50 PM Ignore roadrunnerMO Report Abuse Yep some of those cars on the road are starting to get old. Still would not buy a government motors vehicle.
Topless2012 Champion Author Twin Cities Posts:2,407 Points:476,090 Joined:Jan 2012	Message Posted: Sep 5, 2012 10:19:53 PM Ignore Topless2012 Report Abuse What
Ready Eddie Champion Author Twin Cities Posts:5,751 Points:1,338,770 Joined:Feb 2003	Message Posted: Sep 5, 2012 10:19:10 PM Ignore Ready Eddie Report Abuse Dump obama.
ntass1 Champion Author Edmonton Posts:3,770 Points:723,050 Joined:May 2011	Message Posted: Sep 5, 2012 10:18:47 PM Ignore ntass1 Report Abuse good
langolera Champion Author Akron Posts:1,741 Points:661,980 Joined:Sep 2005	Message Posted: Sep 5, 2012 10:18:28 PM Ignore langolera Report Abuse ok
Point__man Champion Author Raleigh Posts:4,314 Points:873,695 Joined:Oct 2010	Message Posted: Sep 5, 2012 10:18:02 PM Ignore Point__man Report Abuse I need to move next to the grocery store and get a job there. Can't afford new car or gas.
billy44bo Champion Author Mobile Posts:7,188 Points:1,486,890 Joined:Feb 2008	Message Posted: Sep 5, 2012 10:17:44 PM Ignore billy44bo Report Abuse if nobama stays in office this will be one of the last good months for cars