Tuesday, June 20, 2006

Hummer sales triple; SUV sales unfazed by gas prices

I love my country, but there are days when I hate most of my fellow Americans.

National Hummer sales nearly tripled from 2,220 sales in March 2005 to 6,125 in March 2006, according to research by Autodata Corp., a Woodcliff Lake, N.J., company that tracks automotive statistics. Sales increased each month this year, the data showed.

One out of every four vehicles purchased from January to March had an eight-cylinder engine, a study by J.D. Power and Associates, a global market research firm based in California, found. Six cylinder vehicles made up 41 percent of all new vehicles sold since August 2005, the study said. Most SUVs, trucks and sports cars have six- or eight- cylinder engines, while most sedans and compact cars run on four. The larger vehicles -- built for speed or towing -- use more fuel to support the bigger engines.

Gas prices have not made an impact on buying habits, the research group concluded. New car, sport utility vehicle and truck sales for the first three months of 2006 remained consistent with sales from July to September 2005. |Baltimore Business Journal|

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