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Americans Flock to Car Showrooms With Wallets Open

New York Times Original article ›

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The automobile market in the U.S. showed strong sales for Chrysler, Ford and GM in November 2011. As a result automakers expect to sell 12.7 million vehicles in 2011, 10% higher than 2010. The average age of vehicles in the U.S. is 11 years, and this is leading to more buyers coming into showrooms. Some of this demand was for prickup trucks and SUV's. Ford Explorer sales tripled from the prior year. Ford sold 26% more trucks and 9% less cars compared to the prior year November sales. Sales of Jeeps went up 50%. GM sold 31% more pickup trucks. In the past sales of trucks and SUV's slumped with rising fuel prices and a slower economy.

The U.S. car market in 2010-2012

01/02/2011

U.S. auto sales after the crisis of 2008-2009.

Grouped Articles

Car Makers Help Drive Economic Recovery

Wall Street Journal 07/27/2011

October U.S. Auto Sales Climbed 7.5%

Wall Street Journal 11/02/2011

Auto Sales Hit 8-Month High, Aided by Stable Gas Prices

New York Times 11/01/2011

Americans Flock to Car Showrooms With Wallets Open

New York Times 12/01/2011

Americans Embrace SUVs Again

Wall Street Journal 12/02/2011

U.S. Auto Sales Finish Year Strong

Wall Street Journal 01/05/2012

GM. Ford, Chrysler and oil price increases in 2007-2008 and 2011-2012

06/02/2006

High oil prices in 2008 and again in 2011. The danger this poses for the Detroit automakers as they continue to depend on SUV's and larger vehicles for revenues and profits. Even with the big strides in making small cars, a Chevy Cruze or a Ford Fiesta is still not as popular as a Honda Civic or a Toyota Prius, says one analyst.

Grouped Articles

Chrysler’s Fall May Help Administration Reshape G.M.

New York Times 05/03/2009

Measuring Car Sales by the Gallon

Wall Street Journal 12/02/2014

Why Gas Feels Cheap—and Why It’s Not, Historically Speaking

Wall Street Journal 01/04/2015

GM Chief: Industry Ill-Placed for Oil Shock

Wall Street Journal 03/01/2011

Car Sales Jumped in February, but Here Come Those Gas Prices Again

New York Times 03/01/2011

Stepping on the Gas Needn't Crash Detroit

Wall Street Journal 03/23/2011

SUV / Light Truck Segment and Gasoline Price Increases

04/27/2006

Grouped Articles

Why Gas Feels Cheap—and Why It’s Not, Historically Speaking

Wall Street Journal 01/04/2015

U.S. Makers Facing Glut of S.U.V.'s as Gas Rises

New York Times 05/03/2006

Big Three Auto Sales Stall On Higher Gas Prices

Wall Street Journal 05/03/2006

Diesels We Want but Can't Get

BusinessWeek 04/27/2006

The Durango Becomes a Civilized Utility Vehicle

Wall Street Journal 01/05/2011

Detroit Says It's Ready for Higher Gas Prices

Wall Street Journal 01/04/2011


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