Scroll Back to Top
Pump Prices Had Minor Impact on Car Market

Next Day Traffic

Pump Prices Had Minor Impact on Car Market

Share With Your Network

Data show last year’s gas spike had a marginal effect on buyer habits

Exerpt from Paul A. Eisenstein, msnbc.com contributor

What looked like a permanent divorce, triggered by $4-a-gallon gas, has proved to be just a temporary lovers’ quarrel between Americans and their light trucks.

According to new industry data, last year’s fuel price spike had only a marginal impact on the U.S. car market. After an initial, knee-jerk response toward smaller cars, most motorists went back to buying what they would have if prices hadn’t risen at all — including pickups, SUVs and other light trucks.


Share With Your Network

John Paul Strong

John Paul Strong

John Paul Strong combines his two decades of automotive marketing experience with a team of more than 140 professionals as owner and CEO of Strong Automotive Merchandising.

Get Live Industry Insights