Gas Price Hikes Are Not Boosting Smaller Car Sales


PHOTO
Small Car Big Family Doesn't Work

SEE ALSO: Big Cars with Choice of Fuel, Not Small Cars Without Choice, Is What's Good for America

Washington DC February 4, 2013; The AIADA newsletter reported that according to USA Today, sales of some of the smallest cars barely budged or fell last month despite the steady rise in gas prices. This could be a sign that one of the axioms of the car business may be weakening: Sales of tiny cars rise in tandem with driver angst at the pump.

Mercedes-Benz's Smart car, the two-seater that is the smallest car on sale in the U.S., saw sales fall 3 percent in January to a mere 481 cars. Toyota, whose four-seat Scion iQ is the next smallest, fell 21.1 percent to only 295 cars. For cars that are slightly larger, sales are better. Toyota Yaris and Honda Fit subcompact sales were down, but Ford Fiesta, Chevrolet Spark, and Fiat 500 all saw good sales gains, according to Autodata.

As overall auto sales rose 14.1 percent last month, the "lower small" segment was up only 6.1 percent. Yet self-serve regular gas averaged $3.46 a gallon nationwide as this month began, up 17 cents from $3.29 a gallon on Jan. 1, according to AAA's daily price tracker.

Home | Buyers Guides By Make | New Car Buyers Guide | Used Car Super Search | Total New Car Costs | New Car and Truck Reviews
Automotive News | TACH-TV | Media Library | Discount Auto Parts

Copyright © 1996-2014 The Auto Channel. Contact Information, Credits, and Terms of Use. These following titles and media identification are Trademarks owned by The Auto Channel, LLC and have been in continuous use since 1987 : The Auto Channel, Auto Channel and TACH all have been in continuous use world wide since 1987, in Print, TV, Radio, Home Video, Newsletters, On-line, and other interactive media; all rights are reserved and infringement will be acted upon with force.

Privacy Statement | Size Does Matter | Media Kit | Affiliates

Send your questions, comments, and suggestions to Editor-in-Chief@theautochannel.com.

Submit Company releases or Product News stories to submit@theautochannel.com.
Place copy in body of email, NO attachments please.

To report errors and other problems with this page, please use this form.

Link to this page: http://www.theautochannel.com/