Thursday, April 30, 2015
YOUNGSTOWN
Crossovers, sport utility vehicles and trucks were still on trend for sales during April.
April’s new-vehicle sales, including fleet sales, are supposed to exceed last April by, at most, 6.1 percent to a total of 1.47 million new-car sales, according to TrueCar analysts.
This April is expected to have the highest total sales since 2005.
Automakers are expected to release their April sales figures today.
“With gas prices still low, we are seeing that same trend [of SUVs, crossovers and trucks] continue,” said Eric Lyman, vice president of industry insights for TrueCar. Gas prices “don’t really impact the sales; they impact the mix of sales.”
But the SUVs and other larger, more-expensive purchases made by customers increase automakers’ revenues.
TrueCar predicts General Motors will see a 5.9 percent increase in sales over last April.
Read more about the predictions in Friday's Vindicator or on Vindy.com.