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GasBuddy News Article

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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.


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Submitted Sep 06, 2012 By: skb69sa
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Auto sales rise as higher gas prices, aging vehicles spur demand Back to Topics
REPLIES (newest first) Post a Reply
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remay
Champion Author Houston

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Message Posted: Sep 7, 2012 5:46:36 AM

"...aren't concerned enough to stop buying fuel-efficient new cars and trucks ..."

Good to know that NBC has all the answers!
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puinsai808
Champion Author Honolulu

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Message Posted: Sep 6, 2012 9:50:33 AM

good
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shstew
Champion Author British Columbia

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Message Posted: Sep 6, 2012 7:34:49 AM

Not surprising
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Dodge_Me
Champion Author Atlanta

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Message Posted: Sep 6, 2012 5:11:06 AM

Hmm
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Bonanza
Champion Author Boston

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Message Posted: Sep 6, 2012 5:08:40 AM

Good news for more jobs
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comprof
Champion Author Houston

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Message Posted: Sep 6, 2012 3:04:40 AM

Tigerpaw46: Most sane comment I have seen today.
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TIGERPAW46
Champion Author Florida

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Message Posted: Sep 6, 2012 2:01:27 AM

The money saved on gas won't offset the cost of the vehicle.
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Scoutca
All-Star Author Orange County

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Message Posted: Sep 6, 2012 1:41:07 AM

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!!!
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mrjames1818
Champion Author New Jersey

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Message Posted: Sep 6, 2012 1:34:17 AM

People replacing aging vehicles - also end of year pricing as dealers clear lots in prep for new model year.
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UseLessGasFolks
Champion Author Iowa

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Message Posted: Sep 6, 2012 1:31:56 AM


And that dips**t romney would have let Detroit go under.
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KrsnaDragon
Champion Author Montreal

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Message Posted: Sep 6, 2012 1:30:21 AM

I don't see a good reason for complaining about this news.
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nurdco
Champion Author Colorado Springs

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Message Posted: Sep 6, 2012 1:27:20 AM

GovernmentMotors owes EACHfamily taxpayer a NEW VEHICLE
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DozenSpeed
Champion Author St. Louis

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Message Posted: Sep 6, 2012 1:26:27 AM

Yeah well Obama hasn't beat us up enough yet apparently. Four more years!
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chen94539
Sophomore Author Oakland

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Message Posted: Sep 6, 2012 1:23:25 AM

ok
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gamalerin
Champion Author Tampa

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Message Posted: Sep 6, 2012 1:20:23 AM

We should wait guys.
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trinda1
Champion Author Fort Worth

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Message Posted: Sep 6, 2012 1:19:59 AM

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.
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SHEP20715
Champion Author Maryland

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Message Posted: Sep 6, 2012 1:18:37 AM

You have to weigh the pro's and con's
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9C1
Champion Author Chicago

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Message Posted: Sep 6, 2012 1:12:37 AM

Good for the auto industry
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gasandgoAL
Champion Author Alabama

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Message Posted: Sep 6, 2012 1:11:26 AM

just stick it out if older vehicle has no problems
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Homito
All-Star Author San Antonio

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Message Posted: Sep 6, 2012 1:10:09 AM

not good news.
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Homito
All-Star Author San Antonio

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Message Posted: Sep 6, 2012 1:10:02 AM

so....solution is, then, debt?
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Homito
All-Star Author San Antonio

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Message Posted: Sep 6, 2012 1:09:46 AM

we are so fool!!!
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PrinceLH
Champion Author Ontario

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Message Posted: Sep 6, 2012 1:05:50 AM

The economy has been so bad, that people have run their vehicles into the ground and need new wheels.
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BigZ1959
Champion Author Cincinnati

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Message Posted: Sep 6, 2012 1:04:53 AM

up
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tpguess
Champion Author San Diego

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Message Posted: Sep 6, 2012 1:03:06 AM

Mini... had an 84% increase in sales in August... Good fuel economy can be fun too
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fishgaro
Champion Author St. Louis

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Message Posted: Sep 6, 2012 1:01:51 AM

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
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anascom
Champion Author Hamilton

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Message Posted: Sep 6, 2012 1:01:05 AM

ok
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rd2000
Champion Author Florida

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Message Posted: Sep 6, 2012 12:57:22 AM

hopefully this will be good for jobs.
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Quick68
Champion Author Columbus

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Message Posted: Sep 6, 2012 12:56:35 AM

I will not believe any survey when it comes to gas and cars. The government will mislead you to their thinking every time.
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Bruno44
Champion Author Texas

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Message Posted: Sep 6, 2012 12:56:20 AM

Again, good point by RENEGADEGAS.
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PetroScopper
Champion Author Houston

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Message Posted: Sep 6, 2012 12:54:58 AM

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!
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RENEGADEGAS
Champion Author Missouri

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Message Posted: Sep 6, 2012 12:53:39 AM

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.
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afghaned
Champion Author Ottawa

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Message Posted: Sep 6, 2012 12:49:25 AM

Incentives & advertising are helping sales.
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Z51Corvette
Champion Author Austin

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Message Posted: Sep 6, 2012 12:48:47 AM

Wizard... trucks are efficient, if they are being used for what they were intended to do!
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Z51Corvette
Champion Author Austin

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Message Posted: Sep 6, 2012 12:46:01 AM

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]
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s6sputnik
Champion Author Austin

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Message Posted: Sep 6, 2012 12:45:28 AM

Okey
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granitestater
Champion Author New Hampshire

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Message Posted: Sep 6, 2012 12:41:19 AM

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.
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Wizrd03
Champion Author Illinois

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Message Posted: Sep 6, 2012 12:39:59 AM

"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....
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HA4CNN
Champion Author Toronto

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Message Posted: Sep 6, 2012 12:38:46 AM

Thousands for an upgrade will buy a lot of gas.
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jimpeel
Veteran Author Colorado

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Message Posted: Sep 6, 2012 12:38:18 AM

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]
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Mowerman08
Champion Author Milwaukee

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Message Posted: Sep 6, 2012 12:30:45 AM

End of model year clearance sales also helped.
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Sheri2u
Champion Author Ventura

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Message Posted: Sep 6, 2012 12:27:31 AM

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....
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GAS1251
Champion Author Texas

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Message Posted: Sep 6, 2012 12:25:27 AM

Good for those that can afford it. I had to settle for a new head for my 15 yr old Escort.
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roadrunnerMO
Champion Author Kansas

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Message Posted: Sep 6, 2012 12:21:50 AM

Yep some of those cars on the road are starting to get old. Still would not buy a government motors vehicle.
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Topless2012
Champion Author Twin Cities

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Message Posted: Sep 6, 2012 12:19:53 AM

What
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Ready Eddie
Champion Author Twin Cities

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Message Posted: Sep 6, 2012 12:19:10 AM

Dump obama.
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ntass1
Champion Author Edmonton

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Message Posted: Sep 6, 2012 12:18:47 AM

good
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langolera
Champion Author Akron

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Message Posted: Sep 6, 2012 12:18:28 AM

ok
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Point__man
Champion Author Raleigh

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Message Posted: Sep 6, 2012 12:18:02 AM

I need to move next to the grocery store and get a job there. Can't afford new car or gas.
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billy44bo
Champion Author Mobile

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Message Posted: Sep 6, 2012 12:17:44 AM

if nobama stays in office this will be one of the last good months for cars
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