Pickups and SUVs to outsell cars in Dec., due to low gas prices and huge incentives

Posted: Dec 23, 2008
Filed under: Industry News

After facing nearly a year of sluggish sales, pickups and SUVs are expected to outsell cars in December due to low gas prices and huge incentives. According to Edmunds.com, consumers are flocking into dealerships to buy large vehicles while gas-prices are at an all time low and incentives are at an all time high.

The study also finds that sales of hybrid vehicles are expected to be way down.

“Despite all the public discussion of fuel efficiency, SUVs and trucks are the industry’s biggest sellers right now as a remarkable number of buyers seem to be compelled by three factors: great deals, low gas prices and winter weather,” said Michelle Krebs, Senior Editor of Edmunds’ AutoObserver.com.

According to Edmunds.com, pickups and SUVs will be up 51 percent during December.

Source: CNNMoney

Related Posts:

  1. Incentives and low gas-prices bringing buyers back to pickups, SUVs,
  2. GM offering huge incentives on many Pontiac, GMC, Buick models
  3. Ford to increase lease prices on pickups and SUVs
  4. GM studies future of pickups and SUVs, may focus more on cars
  5. GM to produce 138,000 fewer pickups and SUVs in 2008

Tags: ,


  • notjustshrawan
    I don't think so. I think this is to urge people to buy SUVs by telling them it's going to be popular again in no time..maybe sales will be higher partially, but that's normal considering the discounts and offers you get on SUVs these days...
  • zermatt
    The auto makers understand this, but the Greens and the Democrats have no clue that the people of the U.S. love their large vehicles. What Americans want are the same vehicles that they have today with the same level of performance, but with better fuel economy.

    I have read that some “experts” believe that the current buyers of SUVs and pickups are unaware that the break in gas prices is temporary. It could be that these people have done the calculations and determined that with the deep discounting available that the cost of gas would have to be much higher than $6 per gallon before the efficiency of the vehicle becomes an issue.

    Perhaps they are buying because of the fear that once in power the Democrats will legislate large or utility oriented or fun (sporty) vehicles out of existence. I believe that our preview into the future of automobile occurred during the congressional negotiations for the bailout. The Congressional Democratic leadership made it clear at that time that bailout cash was predicated on green vehicles. If the Greens get control of the auto industry the Prius and the Escape Hybrids could be as fun as life will get.

    Starting January 21, 2009 the battle for auto enthusiasts will begin.
blog comments powered by Disqus