Report: SUV and trucks doing better than energy-efficient vehicles

By: Associated Press
By: Associated Press

Thursday, December 30, 2010

UNDATED (AP) -- Stable gas prices mean more consumers have been willing to buy more trucks and SUVs. In fact, Edmunds.com says they've sold better than compact cars and hybrids this year.

Edmunds says truck sales are expected to be up 14.9 percent, and SUV sales up 21.3 percent over last year. Midsize car sales are expected to be up 7.8 percent over 2009. Hybrid sales are down 8.1 percent, and compact car sales are up just 1.1 percent.

Edmunds Senior Analyst Michelle Krebs says many new trucks and SUVs were bought by contractors to be used as work vehicles. They had been waiting for the economy to improve.

Krebs says midsize cars also were a big winner in 2010 because of the impressive new products that captured "the relatively conservative mood of car-buyers." Krebs says hybrids and compact cars didn't really introduce any new players to the market to draw the attention of consumers.

(Copyright 2010 by The Associated Press. All Rights Reserved.)


Have information or an opinion about this story? Click here to contact the newsroom.


Copyright WRDW-TV News 12. All rights reserved. This material may not be republished without express written permission.


Mailing Address: P.O. Box 1212 Augusta, GA 30903 Main Telephone: (803) 278-1212 Newsroom: (803) 278-3111 Fax: (803) 442-4561
Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 112657854 - wrdw.com/a?a=112657854
Gray Television, Inc.