Higher Fuel Prices Push Mid-Size Sedan Sales

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The Detroit Bureau - September 11, 2012

So-called “midrange” cars dom­i­nat­ed the mar­ket dur­ing the first half of the year, accord­ing to a new study of vehi­cle reg­is­tra­tions by Exper­ian Auto­mo­tive.

Find out what impact ris­ing fuel prices have on auto­mo­tive sales.

[in sales] five of the top 10 vehi­cles were mid­size sedans, includ­ing not only Cam­ry but the Ford Fusion and Nis­san Alti­ma.  There also were two com­pact sedans and a com­pact SUV. [Read more]

Vehi­cle reg­is­tra­tions dur­ing the first half of the year rose 11.9%, not­ed Experian’s direc­tor of ana­lyt­ics, Jef­frey Ander­son, who called low­er incen­tive rates and increased deal­er incen­tives “great moti­va­tors” to get con­sumers back into show­rooms. But he also not­ed that, “high­er gas prices and new mod­el redesigns could be push­ing con­sumers to look at small to midrange cars, instead of the larg­er vehi­cle seg­ments.”

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